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

Third, the main body of foreign trade continues to grow, and private enterprises continue to play their role as the main force. From January to April, 61655 new foreign trade operators were registered. The export of private enterprises was 3.53 trillion yuan, an increase of 45%, which pushed up the overall export growth rate by 23.2 percentage points, which accounted for an increase of 4.4 percentage points from the same period last year to 55.9%.

Fourth is that the products of the "home economy" continue to drive export growth, and the export of some labor-intensive products has resumed growth. From January to April, exports of "home economy" products such as computers, mobile phones, household appliances, lamps and toys increased by 32.2%, 35.6%, 50.3%, 66.8% and 59%, respectively, driving up the overall export growth rate by 6.9 percentage points. Vaccination in developed economies has progressed rapidly, people's travel demand has increased, and exports of clothing, footwear, and luggage have resumed growth, with growth rates of 41%, 25.8%, and 19.2%, respectively.

Fifth, new business forms and new models are developing vigorously, and endogenous motivation is further enhanced. Cross-border e-commerce maintained rapid growth, with an import and export value of 419.5 billion yuan from January to March, an increase of 46.5%. The bonded maintenance of processing trade has been steadily advanced, playing an important role in stimulating high-quality employment and guiding industrial agglomeration. In April, the 129th Canton Fair was successfully held online. 26,000 companies participated in the exhibition, and buyers from 227 countries and regions registered for the exhibition, bringing new business opportunities to global exhibitors under the epidemic.