Xinhua Finance丨Growth 8 7! Foreign trade got off to a good start in the first two months, and the pe

Mondo Finance Updated on 2024-03-08

**:Xinhua.

Xinhua News Agency, Beijing, March 7 (Reporter Ding Yawen) In the first two months of this year, China's foreign trade achieved 8A year-on-year increase of 7% is off to a good start. Interviewed enterprises and experts said that the foreign trade orders at the beginning of the year exceeded expectations, and they are looking forward to the export performance in 2024, and it is expected that the export of high value-added products such as new energy is still expected to maintain high growth.

Growth of 87%!Foreign trade has made a good start.

According to data released by the General Administration of Customs on the 7th, in the first two months of 2024, the total import and export value of China's goods was 661 trillion yuan, a year-on-year increase of 87%。Among them, export 375 trillion yuan, a year-on-year increase of 103%;Import 286 trillion yuan, a year-on-year increase of 67%。

In the first two months, China's goods continued the positive trend since the fourth quarter of last year, with a year-on-year increase for five consecutive months, and the scale of import and export hit a new high in the same period in history, achieving a good start. Lv Daliang, director of the Statistical Analysis Department of the General Administration of Customs, said.

The picture shows the loading and unloading of containers at the container terminal of Qingdao Port on February 11 (photo by reporter Li Ziheng).

Feng Lin, director of the research and development department of Oriental Jincheng, analyzed that in the context of the increase in the export base in the same period last year, China's exports continued to maintain rapid growth in the first two months, showing that the export momentum at the beginning of the year was strong.

Feng Lin believes that the recovery of external demand is an important factor in the export exceeding expectations in the first two months. Since the beginning of this year, the JPMorgan Chase & Co. Global Manufacturing PMI Index, which measures the global economic prosperity, has continued to be above the balance line, ending the previous 16 consecutive months of contraction, showing the marginal improvement in external demand at the beginning of the year.

Gao Shiwang, director and spokesman of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, said that in the first two months of this year, the export of mechanical and electrical products continued the year-on-year growth momentum since the fourth quarter of last year, hitting a new high in the same period in history, showing strong resilience, and key industries such as computer equipment, integrated circuits, household appliances, automobiles, and general machinery and equipment have achieved growth. The performance exceeding expectations indicates that mechanical and electrical exports will continue to show resilience in 2024, and the annual export growth is expected.

Order "New Year's Red"! Looking forward to the export performance for the full year.

Many foreign trade companies said that the new orders at the beginning of the year exceeded expectations and looked forward to the export performance in 2024.

At the end of February, the dust settled on our projects with our U.S. clients, totaling $300 million. "The finalization of this project marks a new level of business for the company, and we are full of expectations for the export performance in 2024." ”

During the Spring Festival, we did not rest, but actively developed cross-border e-commerce business and seized a wave of traffic dividends. Yang Jing, the merchant of Alibaba International Station and the person in charge of the operation of Shandong Zhongmoshen Machinery, said, "During the Spring Festival holiday, the company formulated a work plan in advance to ensure that it communicated with customers at the first time and did not miss the opportunity to order." The company's orders at the beginning of the year are very good, and we are looking forward to this year's export performance. ”

In the face of the complex external environment, many foreign trade enterprises have increased product research and development and new market development efforts, and strive to improve their core competitiveness.

If enterprises want to grow against the trend, they must increase product innovation and product research and development efforts to create cost-effective products with unique selling points. Wu Xinhe, marketing director of Shenzhen Maiwei Times Technology, said, "I believe that with the increase in R&D investment and the launch of more innovative products, the growth of export business this year is still worth looking forward to." ”

At the beginning of the year, foreign trade enterprises actively expanded the international market and actively participated in exhibitions abroad. Despite the complex external environment, the company has firm confidence in receiving orders and expanding the market, and has the confidence to achieve the annual growth target. Gao Shiwang said.

The new three kinds of "continuous growth! New kinetic energy is ready for development.

Industry experts believe that in 2024, the export of products represented by the "new three" - electric manned vehicles, lithium-ion batteries and solar batteries will continue to grow at a high rate, promoting the further optimization of the export structure.

Feng Lin said that in the first two months, China's automobile exports continued to be high, and the new momentum of exports continued to remain strong. "Behind the sustained and rapid growth of automobile exports is the significant increase in the proportion of China's new energy vehicles in the global new energy vehicle market, including the European Union and other developed economies. ”

On Ali International Station, new energy passenger cars, golf carts, electric motorcycles and electric tricycles have become hot-selling categories, and the growth continues. The relevant person in charge of Ali International Station told reporters.

According to Gaoshiwang's analysis, the global market penetration rate of new energy products such as electric manned vehicles and power batteries is still low, and the growth potential is large. As some countries promote carbon reduction, the demand for new energy products will continue to be released, and it is expected that the export of China's emerging industries will still grow.

Li Chao, chief economist of Zheshang**, believes that we should pay attention to the export opportunities brought by the new round of science and technology cycle and the global energy transition. "Considering the urgent pressure of global energy transition and the continuous advancement of the carbon neutrality process in various countries, as well as China's new energy manufacturing field has super capabilities in the world, it is expected that the export of new energy vehicles, photovoltaic and other related fields will maintain high growth. ”

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