In the first quarter of this year, the more conspicuous is the trend of more balanced imports and exports. China's imports grew faster than exports by 4.3 percentage points, and the trade surplus narrowed by 21.8 percent. At the same time, the performance of China's market players is more active. For example, the import and export of private enterprises grew by 14.5 percent, contributing the most to the growth of the total value of China's import and export, reaching 56.5 percent. Other types of enterprises also realized growth in imports and exports, and the impetus for market players to participate in the development of foreign trade has become stronger.
In addition, the structure of import and export products is more optimized, part of the higher value-added electromechanical products and equipment manufacturing products exports to maintain good growth. For example, exports, automobile growth of 10.9%, medical instruments and equipment growth of 8.4%, the new advantages of international competition gradually appeared; imports, some of the important equipment and key parts and components, high-quality consumer goods imports of faster growth, of which the integrated circuits increased by 28.7%, the import of numerical control machine tools increased by 47.4%, aquatic seafood increased by 32.2%.
All things considered, the current promotion of China's foreign trade development of many favorable conditions. However, the expert Huang Songping also pointed out that the current international environment is still more uncertain factors, including uncertainty in the international environment, warming trade protectionism, the global manufacturing industry to increase the degree of competition, etc., the global economy and the international trade trend of the pressure and challenges continue unabated. "But economic globalization is an irreversible trend of the times, China will take a number of initiatives to expand opening up. With comprehensive judgment, it is expected that China's foreign trade import and export will still maintain growth." Huang Songping said.