The import and export of mechanical and electrical

2022-10-15
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Ministry of Commerce: the import and export growth rate of mechanical and electrical products is obvious

since this year, China's import and export of mechanical and electrical products and scientific and technological products have undergone some major changes. The export growth rate of mechanical and electrical products is significantly higher than that of foreign trade, occupying an increasingly important position in foreign trade. A spokesman for the Ministry of Commerce said in response to a question recently that since the beginning of this year, there have been some major changes in the import and export of China's mechanical and electrical products and scientific and technological products. The export growth rate of mechanical and electrical products is significantly higher than that of foreign trade, and plays an increasingly important role in foreign trade. The press conference released the following data:

first, since this year, the export growth rate of mechanical and electrical products has always been higher than the average growth rate of foreign trade. In June, the export of mechanical and electrical products increased by 8.5% year-on-year, 0.7 percentage points higher than the national foreign trade

second, some mechanical and electrical products are growing rapidly. For example, the total export volume of railway locomotives nearly doubled. In the first three quarters, the total export volume of railway locomotives was nearly 12000 units, an increase of 75% year-on-year It maximized the use of special high molecular materials for automotive transmission systems and drives by 2%, and the export value was US $2.37 billion, an increase of 97% year-on-year. For another example, the export of integrated circuits doubled for three consecutive months. In August, China's export of integrated circuits increased by 22.6%, the export value increased by 53%, the number of integrated circuits was 92.8 billion, an increase of 22.6%, the amount increased by 53%, reaching 39.68 billion US dollars. The growth rate in August, September and October was a little faster, and the exchange with Li Shousheng, Secretary of the Party committee and executive vice president of the Federation was more than 100%

third, the import of mechanical and electrical products stabilized and rebounded. In September, the import of mechanical and electrical products increased by 3.1%, 1.5 percentage points lower than the foreign trade, but the import maintained the growth momentum for five consecutive months. The import volume of that month was higher than the growth rate of the national foreign trade for four consecutive months, of which the growth rate in September and October reached 10% and 7.5%

fourth, the growth rate of import and export of high-tech products continued to rise, accounting for a higher proportion of China's foreign trade in the 21st century than in the same period last year. In June, China's import and export of high-tech products increased by 7.2%, accounting for 28.1% of the country's total foreign trade import and export value, an increase of 0.3 percentage points over the same period last year

finally, the total import and export volume of processing trade hit a record high, and the import volume of processing trade began to rise from September, indicating that the export will be better in the next two months. Judging from the situation in September and October, the import of processing trade rebounded, with an increase of 7.3% in October and 5.3% in September. Some people think that the export in the next two months may not work, but from this data, the export in the next two months, especially the export of processing trade, should still have a relatively large growth

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