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On January 14, the General Administration of Customs of China released data. In 2020, my country’s total import and export of goods was 32.16 trillion yuan, a year-on-year increase of 1.9%, of which exports were 17.93 trillion yuan, an increase of 4%, and imports were 14.23 trillion yuan, a decrease of 0.7%. , The trade surplus increased by 27.4%. In the context of the sharp decline in global trade caused by the new crown pneumonia epidemic, China's foreign trade declined sharply in the first quarter, began to turn in the second quarter, and steadily recovered in the third and fourth quarters. China's foreign trade achieved growth against the trend and achieved a V-shaped reversal of a rebound. This means that China is not only the only major economy that has achieved positive economic growth this year, but also the only major economy that has achieved positive growth in trade in goods.
In 2020, China's economy was severely impacted by the new crown epidemic and faced a very complicated and severe international situation, which also posed a severe challenge to China's foreign trade. The most critical factor for China to achieve such impressive results is that the Party Central Committee and the State Council have achieved remarkable results in coordinating epidemic prevention and control and economic and social development. The State Council has successively introduced four rounds of unconventional foreign trade stabilization policies and measures, which provide strong policy support for foreign trade entities while accurately preventing and controlling the epidemic, giving full play to the unique leading role of the comprehensive bonded zone and the pilot free trade zone, thereby maintaining high The level of opening to the outside world has stabilized the foreign trade industry chain and supply chain, allowing China's domestic production side to quickly recover and become a global production replacement center.
Second, the Chinese economy has demonstrated strong resilience and comprehensive competitiveness. In order to cope with the special difficulties caused by the epidemic, enterprises have taken full advantage of the flexible and changeable characteristics of production and operation, and actively explored and adapted to overseas markets. New forms of foreign trade have developed vigorously. The import and export of cross-border e-commerce across the country is 1.69 trillion yuan, an increase of 31.1%. Market procurement and exports increased by 25.2%, becoming an important force in stabilizing foreign trade. In addition, anti-epidemic materials and the "home economy" have also played a significant role in boosting China's foreign trade. As a large responsible country, from March to the end of 2020, customs across the country have inspected and released 438.5 billion yuan in major export prevention and control materials, providing assistance within its capacity to more than 200 countries and regions around the world. In order to meet the needs of home and work during the epidemic, the export of "home economy" products represented by notebook computers reached 2.51 trillion yuan, an increase of 8.5%.
Finally, China's hyperscale market played a strong supporting role. This is mainly manifested in the significant increase in imports of integrated circuits, automobiles, iron ore and other commodities, which fully demonstrates that China's domestic economy has continued to recover and domestic demand is gradually strong. Among them, imports of crude oil and metal ore increased by 7.3% and 7% respectively, and imports of agricultural products such as grain and meat increased by 28% and 60.4%.
In 2020, on the basis of the scale of import and export and the international market share of China's trade in goods, the overall quality has also improved significantly. The vitality of trading entities represented by private enterprises continued to increase, the export of traditional superior products continued to grow, trading partners became more diversified, and trading methods were more optimized. Looking forward to the coming year, opportunities and challenges coexist. With the widespread use of vaccines, the global epidemic is expected to be brought under control, which will help the recovery of the world economy and drive the growth of global trade. However, there are still many uncertain and unstable factors in the epidemic situation and the external environment. Based on the new development stage, we will adhere to the new development concept, build a new development pattern with domestic and international double cycles as the main body, and continue to promote high-level opening up. The scale and quality of my country's foreign trade import and export are expected to continue in 2021. To achieve double promotion, China's important core position in the international market will also be further improved.
Article information source-China Net
