中华人民共和国驻哥打基纳巴卢总领事馆经贸之窗

Economic and Trade Service of the Consulate General of the People's Republic of China in Kota Kinabalu

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MOFCOM Department of Foreign Trade Comments on Foreign Trade Situation of China in the First Half of 2017

According to the customs statistics, in the first half of 2017, China's total amount of imports and exports reached 13.14 trillion yuan, with an increase of 19.6%. Among that, the export volume was 7.21 trillion yuan, with an increase of 15.0%. The import volume was 5.93 trillion yuan, with an increase of 25.7%. The surplus reaches 1.28 trillion yuan, with a decrease of 17.7%. In the first half year, the Chinese foreign trade imports and exports realized a rapid growth, the structure was further optimized, the power transformation was accelerated and the stable and recovering trend was further consolidated, and has made important contributions to national economy and social development.

From the perspective of commodity structure, the export volume of electro-mechanical products reached 4.13 trillion yuan with an increase of 14.6%, and accounted for 57.2% in total, which almost remained the same as that of the same period last year, and the amounts of automobiles, ships, computer and parts and mobile phones respectively increased by 32.5%, 25.1%, 18.3% and 12.8%. The exports of great 7 traditional labor-intensive industries such as the textile and clothing also keep fast growth, with an increase of 12.9% (the export amount is 1.48 trillion yuan).

From the perspective of business subjects, the export amount of private enterprises reached 3.37 trillion yuan with an increase of 17.7% and accounts for 46.8% in total, 1.1 percentage points higher than the same period last year (which was 45.7%), and remaining as the first business subject of export enterprises.

From the perspective of trading mode, the general imports and exports amount reached 7.46 trillion yuan, with an increase of 20.5% and accounting for 56.7% of the national gross foreign trade, 0.4 percentage points higher than that of the same period last year.

From the perspective of international market, Chinas import and export with the top 10 trade partners including the EU, the U.S. and the ASEAN increased by 18.7%. Export to traditional market including the U.S., the EU and Japan increased by 19.3%, 15.7% and 12.4% respectively; export to countries along "Belt and Road" like Russia, India, Malaysia and Indonesia enjoyed grew fast with a growth rate of 29.5%, 26.0%, 25.0% and 15.4% respectively.