China's Foreign Trade Operations From January To April 2021(part One)

From January to April, the development of my country’s foreign trade continued its growth momentum. The “three major plans” of superior import and export, trade industry integration, and unimpeded trade were comprehensively promoted. The total import and export value reached 11.62 trillion yuan, an increase of 28.5% year-on-year, and the scale hit a historic record. New high for the same period. The main features are as follows:

First, the growth rate of import and export and export hit the highest level in the same period in 10 years. From January to April, the country's imports and exports, exports, and imports increased by 28.5%, 33.8%, and 22.7% year-on-year (the same below), respectively. The growth rates of imports and exports were the highest since 2011. Compared with the same period in 2019, imports and exports, exports and imports increased by 21.8%, 24.8% and 18.4% respectively. In April, imports and exports were 3.15 trillion yuan, the second highest value in monthly history.

The second is to deepen the traditional market and develop new markets to achieve positive results. From January to April, exports to traditional markets such as the European Union, the United States, Japan, and Hong Kong increased by 36.1%, 49.3%, 12.6%, and 30.9% respectively, pushing up the overall export growth rate by 16.8 percentage points. Exports to emerging markets such as ASEAN, Latin America, and Africa increased by 29%, 47.1%, and 27.6%, respectively, pushing up the overall export growth rate by 8.6 percentage points.