"Quality and quantity stable", the scale of import and export in the first quarter to a new level
A few days ago, the General Administration of Customs released the first quarter of this year, China's foreign trade import and export situation. The data show that since this year, with China's economic operation continues to pick up to the good, the first quarter of foreign trade started strong, good momentum, import and export to achieve double growth, not only "quality rise" characteristics continue to appear, and the scale of the "volume of stable" momentum is also effectively consolidated.
From January to March, the scale of China's imports and exports exceeded 10 trillion yuan (RMB) for the first time in history during the same period, the scale of which reached a new level, while the growth rate also hit a new high in six quarters. On the whole, the overall competitive advantage of foreign trade has become more solid, and the quality of development has been steadily improved.
On the one hand, the main body of foreign trade is bursting with vigour. Private enterprises not only maintain double-digit growth in import and export, continue to occupy half of China's foreign trade. At the same time, private enterprises are also the largest importers and exporters of high-tech products in China, making an important contribution to the accumulation of new productivity in foreign trade. The import and export of foreign-invested enterprises accounted for nearly 30 per cent of the total, while the scale of import and export of state-owned enterprises also reached the highest value in the same period in history.
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