Import and export gross exceeds one trillion yuan Structural adjustment is imperative
According to customs statistics, the first four months of this year, China's export of $555.3 billion, up 27.4%;Imports reached $545.02 billion, an increase of 29.6%.
"At present, China's foreign trade has exceeded the highest level of imports and exports, on the basis of high growth last year will continue to maintain strong growth."RON said.
State council development research center, vice minister of foreign economic Zhao Jinping believes that since 2011, China's foreign trade has entered "a substantial growth stage, and into a new period of China's foreign trade growth."This year, China's foreign trade to achieve stable growth is no doubt about that."
But experts also pointed out that, in our country gradually lose low cost, low price under the background of the competitive advantages of foreign trade, China should adjust the structure of foreign trade import and export, a modest increase in unproductive products import, greatly increasing speed up the transformation and upgrading of trade for import foreign advanced equipment, technology, talent is the direction of the structure optimization of import in China.At the same time, our country should strengthen the export of traditional export items and emerging industries, increase the ability of modern service industry cross-border services.
The trade surplus in trade balance continue to improve
In April, according to customs statistics, China's trade surplus of $11.43 billion.From January to April the accumulated trade surplus of $10.28 billion, down 32.8%.
In the first quarter of this year, China's $1.02 billion trade deficit with China, for the 2004 first quarter deficit since the second quarter.
The national development and reform commission, said zhang yansheng, director-general of the foreign economic research institute, import growth and export growth is faster in April in ten billion yuan of the main reasons of trade surplus in our country.Recently, iron ore, soybeans and other global commodity prices rose sharply, which makes the manufacturer to keep the confidence of the large number of inventory in less, affect the growth of imports.
In imported goods, the first four months, China's iron ore import prices to $157.6 a tonne, up 53.9%;Coal import prices to $111.3 a tonne, up 17.3%;Soybean imports average $576 a tonne, up 27.5%.
"But, our country the trend of further improve the trade balance is the same."Zhang Yansheng said, with stabilise exports, grow imports and reduce the trade surplus to become the industry consensus, China's trade surplus as a share of GDP will gradually subside, the trade balance will be further improved.
The ministry of commerce recently issued the China's foreign trade situation report predicts that this year China's foreign trade continues to steady development, but growth may be little down than last year;In increasing domestic demand, expanding import policy support in the international market factors such as rising commodity prices, import growth is expected to continue to faster than exports, the trade balance will be further improved.
Analysts widely expect the next few months to import growth will catch up with exports and trade surplus is expected to fall to about $150 billion for the whole year.