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Original title: Guangdong’s foreign trade has been growing for 3 consecutive months
According to data released by the Guangdong General Administration Branch of Customs on September 16, Guangdong’s imports and exports in August were 653.25 billion yuan, an increase of 3.5%, which has achieved a positive growth for three consecutive months, and its foreign trade has become more stable.
Although it is “stabilizing”, there are many positive points: cross-border e-commerce increased 1.5 times in a single month, the scale of import and export of private companies was the largest in the country, imports and exports to the United States increased by 23.4%, exports of textile products (including masks) increased 1.95 times and imported pork 1.4 times increased …
The import and export of private companies in Guangdong accounted for more than 25% of the country.
“Affected by the epidemic, we have switched to exporting disinfectant gels for hand washing and now we have to ship more than 40 containers a day during the peak period,” said Gao Lili, business manager of Shanwei BYD Company. In recent months, orders abroad have exploded and we have exported disinfectant gels for hand washing. The value of rubber products is about 1.5 billion yuan, and the value of exports in Shanwei port is expected to reach 3 billion yuan throughout the year.
Like Shanwei BYD, the resistance of private companies in Guangdong that “seek opportunities in crisis situations” is prominent. In August, the import and export scale of private companies in Guangdong continued to rank first in the country, accounting for more than 25% of the import and export of private companies in the country, further accelerating the recovery of foreign trade.
In the past three months, the import and export of private companies in Guangdong continued to accelerate growth. In the first half of the year, private enterprise imports and exports reached RMB 1.68 trillion, turning from negative to positive, an increase of 0.6%. In July, the import and export of private companies was 377.03 billion yuan, an increase of 19.9%. In August, the import and export of private companies was 366.83 billion yuan, an increase of 12.9%, an increase of 9.3 percentage points from January to July, and accounted for 56.2% of the total import value and Guangdong foreign trade export in the same period.
Driven by the “main force” of private companies, general trade, which accounts for half of Guangdong’s foreign trade, has grown rapidly, stabilizing the basic foreign trade market.
In the first half of the year, Guangdong’s general trade imports and exports amounted to 1.57 trillion yuan, down 4.7%. In July and August, general trade achieved positive growth, increasing by 24.1% and 10.3% respectively, and the total amount exceeded 700 billion yuan. The total in just two months was around 45% for the first half of the year.
From January to August 2020, Guangdong’s foreign trade imports and exports were RMB 4.39 trillion, a decrease of 3.2% from the same period last year (the same below), and accounted for the 21.9% of China’s total foreign trade imports and exports during the same period. In August, Guangdong’s exports were 419.53 billion yuan, an increase of 7.8%, imports were 233.72 billion yuan, a decrease of 3.4%. Among them, general trade accounted for 52.2% of the total value of Guangdong’s foreign trade imports and exports, an increase of 3.2 percentage points from the same period last year.
In addition, the potential for domestic demand remains strong. In August, imports of key consumer goods such as pork and soybeans in Guangdong increased 142.2% and 150.8%, respectively.
The province’s cross-border e-commerce increased nearly 1.5 times in a single month
“After opening the cross-border e-commerce B2B export business, our orders increased significantly and the average daily shipping volume increased by 92%.” Chen Jianxin, the legal entity of Dongguan Jianxing Logistics Co., Ltd., was very excited. Affected by this year’s new corona pneumonia epidemic, the company’s business plummeted. However, the pilot cross-border e-commerce B2B export policy on July 1 gave Chen Jianxin new business opportunities.
Since the beginning of this year, Guangdong has ushered in a series of favorable policies, such as the addition of seven comprehensive cross-border e-commerce pilot areas and pilot cross-border e-commerce B2B exports, and the rapid growth of cross-border e-commerce. In August, the province’s cross-border e-commerce imports and exports amounted to 21.96 billion yuan, an increase of 145.1%.
Including cross-border e-commerce, new business formats have become a new growth point supporting the development of Guangdong’s foreign trade. From June to August, customs logistics and market acquisitions showed a good development trend. Among them, customs logistics increased 8.6% in the first half of the year, 12.7% in July and 18.2% in August, of which the growth rate in August increased by 8.9 points percentages from January to July.
Purchases and exports in the market have also grown rapidly. In August, the Guangdong market bought 35.64 billion yuan in exports, an increase of 52%, an increase of 0.7 percentage points from January to July.
According to Pan Helin, Executive Dean of the Digital Economy Research Institute of Zhongnan University of Economics and Law, new business formats such as cross-border e-commerce provide new support for the development of foreign trade and will strongly promote the transformation and improvement of the foreign trade. “In this epidemic, offline traditional foreign trade has suffered the most obvious impact, especially the medium and low-end foreign trade industry chain enterprises. Therefore, actively explore the export of foreign trade products of high-tech has become an important direction for transformation and upgrade, and make full use of Internet technology. This process will accelerate. “
Exports of textile products such as masks almost doubled in August
The export of epidemic prevention materials has become an important support for Guangdong’s foreign trade growth this year. In the first half of the year, Guangdong’s exports of anti-epidemic materials increased sharply by 1.7 times, driving Guangdong’s overall export growth by 3%. On this basis, in July, exports of anti-epidemic materials such as textile products (including masks), drugs and medical devices increased by 2.4 times, 53.9% and 94.7%, respectively, which drove an increase 5.3% total in exports; in August, textile products (including The export of masks multiplied by 1.95 and the export of medical devices increased by 28.4%.
The worldwide spread of the new corona pneumonia epidemic has also changed the needs and habits of foreign consumers. In the past two months, the export of commodities from the “national economy” has boomed. In July, Guangdong’s exports of computers, home appliances, audio and video equipment, mobile phones, furniture, etc., maintained double-digit growth, which in total drove overall export growth of 5.4%. In August, exports of computers and their parts and components and household appliances increased 14.4% and 28.3% respectively, and exports of plastic products, furniture and their parts increased 19.1% and 9% respectively.
It should be noted that, driven by the export of anti-epidemic materials and commodities from the “national economy”, Guangdong’s imports and exports to the United States increased 23.4% in August and fell 6.6% from January to July.
Not only did the US market stop its decline and rebound, Guangdong’s imports and exports to ASEAN also continued their growth trend in August, rising 9.3%, an increase of 1.3 percentage points from January to July. . The stabilization of foreign trade has more confidence.
According to the analysis of the relevant customs personnel, the situation of epidemic prevention and control abroad remains serious and complicated, and there is a high demand for medical and epidemic prevention materials and “domestic” supplies, which will constitute a strong support for Guangdong exports in the short term. (Reporters Chen Xiao, Chang Daoli)
(Editor-in-charge: Zhang Chenmu, Li Yu)
