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October foreign trade data interpretation: volatility does not change the overall foreign trade stea

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2016-11-11
Customs data released on November 8, in October, China's total import and export value fell 0.6% over the same period last year. Analysis shows that the current signs of stabilization of foreign trade gradually emerged, but the weak international economic recovery, the traditional advantages of weakening foreign trade challenges still exist, foreign trade to stabilize the foundation for the better yet to be further consolidated.

Data show that in October, China's total import and export 2.05 trillion yuan, down 0.6% over the same period last year. Among them, exports fell 3.2%, imports rose 3.2%. Compared with the previous month, the import and export value and export year-on-year decline narrowed, import growth is slightly expanded.

Data show that the first 10 months, China's imports and exports to the EU, ASEAN, Japan and other trade growth, the US import and export decline.

The decline in China-US trade is mainly due to the return of the US manufacturing industry, the international industrial layout adjustment, trade protectionism rise. The international capacity cooperation, "along the way" to promote the building, to promote China and the European Union, ASEAN and other important factors of trade growth.

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