Foreign Trade Is Expected To Maintain Growth In The Two Quarter Of April.

China's import and export figures both showed two digit growth in April, continuing the steady growth trend since the beginning of this year.

According to the data released by the General Administration of customs, the total value of China's imports and exports reached 2 trillion and 220 billion yuan in April, an increase of 16.2% over the same period last year.

Among them, exports of 1 trillion and 240 billion yuan, an increase of 14.3% over the same period; imports of 979 billion 100 million yuan, an increase of 18.6%.

Analysts pointed out that this year's overseas demand recovery will continue to promote the resumption of export growth, to a certain extent, to hedge investment in fixed assets is weak, becoming one of the few growth highlights of China's economy.

"In the first four months, the import and export of China continued to be stable since the second half of last year, and the import and export value of each month has reached two digit growth year-on-year."

Huang Songping, director general of the Comprehensive Statistics Department of the Customs General Administration, said.

China's import and export performance has been good this year: import and export grew by 19.6% in January, 21.7% in February, 24.2% in March, and 16.2% in April, but it still maintained a relatively high speed.

Specifically, in the 1-4 months, the general trade import and export increased by 21.6%, accounting for China.

The total value is 56.5%.

In addition, China's growth in imports and exports to Europe, America, Japan, ASEAN and other markets is increasing.

In the first 4 months, the EU is China's largest trading partner, and the total trade value of China and the EU has increased by 15.5%, accounting for 14.8% of China's total foreign trade.

For the slight drop in foreign trade in April, Niu Li, director of the Macroeconomic Research Office of the state information center, said that the fall of foreign trade in April was also expected, but the growth rate of imports dropped somewhat.

He said that although the first quarter's foreign trade data were pretty good, but from the economic situation at home and abroad, although the economy has recovered, the performance of the real economy is not as good as the data. Especially in the first quarter, the rise of foreign trade is related to the price. With the regression of this factor, the subsequent import and export is still downward trend.

Li Huiyong, chief macroeconomic analyst at Shen Wan Hongyuan, said that now the import and export are normal fluctuations, and the future trend will be viewed in two ways. First, the duration and intensity of the short wave recovery in the world, which determines the level of export recovery. Two, commodity prices are higher than those before last year, which may make imports even more affected.

Since the beginning of this year, China's exports to some countries along the belt and road have maintained relatively rapid growth. In the first 4 months, China's imports and exports to Vietnam, Kampuchea, Russia, Pakistan and Kazakhstan increased by 23.3%, 24.1%, 33.7%, 18.6 and 55.4% respectively.

Huang Songping pointed out that in the first 4 months of this year, China's imports and exports of all the countries along the belt were 2 trillion and 270 billion yuan, up 25.1% over the same period last year, higher than the 4.8 percentage points of China's overall foreign trade growth during the same period, accounting for 26.9% of China's total foreign trade value.

It is worth mentioning that in April, the leading index of China's foreign trade was 40.7, which continued to pick up.

According to the survey data, the export manager index rose 1 to 44.8 in the same month, and the new export orders index and the composite cost index rose by 1.8, 1.2 to 48.2 and 23.2 respectively, but the export confidence index of the export managers fell 0.4 to 50.5.

Liu Xuezhi, senior researcher at Bank of communications Financial Research Center, said that exports slowed down in April, but the growth momentum remained unchanged.

"On the one hand, the global economy is recovering.

The plan is helpful to boost the US market.

The PMI of the euro area has reached a new high of nearly six years. The victory of France's presidential election is also a positive factor for the European economy, and the rebound in the international market can still be maintained.

On the other hand, this year's Spring Festival Canton Fair turnover increased, and China's export leading index rose, the current export recovery is sustainable, the two quarter exports are expected to maintain growth.

"Liu Xuezhi said.

Since the beginning of this year, China's foreign trade has been performing well and its positive changes have increased significantly.

The 121st Canton Fair, which closed in May 5th, also witnessed the rebound of foreign trade.

It is reported that the buyers and purchasers of the Guangzhou Fair are better than the same period last year.

Purchasers attended more than 19.6 people, from 213 countries and regions, an increase of 5.87% over the same period last year.

Cumulative export turnover of 206 billion 357 million yuan, an increase of 6.9% over the same period.

Recently, the Ministry of Commerce issued the "China".

The situation report (spring 2017) made a judgement on the foreign trade situation this year. The environment for China's foreign trade development in 2017 is expected to be slightly better than the past two years. In the coming period, imports and exports are expected to continue to stabilize, but there are still many uncertainties and uncertainties.

Morgan Stanley Huaxin Securities chief economist Zhang Jun believes that this year's recovery of overseas demand will continue to promote the resumption of export growth, to a certain extent, to hedge against weak investment in fixed assets, has become one of the few growth highlights of China's economy.

Li Huiyong said that the judgment of China's economy is LV shape, L is the bottom, and V is the normal fluctuation of sawtooth shape.

Now China's economic growth is at the bottom of the downturn when it gets the most intense downturn. This fluctuation has several upward and downward pulses, and there may be new downward pressure in the three or four quarter.

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