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          Ministry of Commerce: The foreign trade situation is still grim this year

          Source:adminDate:2017/12/18 14:54 Browse:
          Key tips: Customs statistics show that in January this year, the total import and export volume reached 345.59 billion U.S. dollars, up 26.7% over the same period of last year. Among them, the export was 187.37 billion U.S. dollars, up by 25%; the import was 158.22 billion U.S. dollars, up 28.8%. Excluding the impact of the Spring Festival season, the import and export, exports and imports increased by 8.1%, 12.4% and 3.4% respectively. In January, foreign trade extended its upward trend since December last year.
           
          However, at a news briefing on the 20th, Ministry of Commerce spokesman Shen Danyang reminded that the foreign trade growth rate in January was basically normal and decreased by 5.8% MoM. It can not be concluded that the foreign trade situation this year will be better than last year. "On the contrary, as there is no obvious improvement in market demand at present, we think the situation in foreign trade is still grim and we can neither blindly optimistic nor take lightly the situation for the whole year." According to the statistics of the Customs, in January this year, the National Import and Export Total 345.95 billion US dollars, an increase of 26.7%. Among them, the export was 187.37 billion U.S. dollars, up by 25%; the import was 158.22 billion U.S. dollars, up 28.8%. Excluding the impact of the Spring Festival season, the import and export, exports and imports increased by 8.1%, 12.4% and 3.4% respectively. The foreign trade volume in January continued its steady growth since the end of last year, indicating that a series of policy measures to stabilize the growth of foreign trade continued to play a role. However, if the factors of holidays are removed, it can not be said that in January the country's import and export of foreign trade increased substantially or rebounded. In particular, there were only 17 working days in January last year and 22 working days in January this year. In recent years, due to the holiday season, there will always be some fluctuations in the import and export in January and February.
           
            In the Spring Festival holiday in February this year, there may be some fluctuations in the year-on-year increase in exports. Therefore, we need to accumulate import and export data in January and February for analysis in order to reach more accurate judgments. From a circular point of view, in December last year compared with January this year, working days in January this year, an increase of one day, but the import and export has dropped by 5.8%. If the working day is exactly the same as in November last year, the import and export volume in January of this year only increased by 1.9% over November last year. According to this analysis, Shen Danyang pointed out that the growth rate in January was basically normal and it can not be concluded that the foreign trade situation this year will be better than last year.
           
            The situation of foreign trade this year is still grim. We can neither blindly be optimistic about the whole year's situation nor even allow it to be taken lightly. Shen Danyang said that according to the provisions of the "China Anti-dumping Regulations" and the "Countervailing Regulations," anti-dumping investigations and anti-dumping investigations against the Ministry of Commerce's concern on the "double reverse" investigation of polysilicon products originating from the EU, the United States and South Korea, Subsidy surveys should normally be completed within one year from the date of announcement of the filing of a case and may be extended under special circumstances but the delay can not exceed six months.
           
            The above case was filed in July and November last year. Shen Danyang said that it is still a long time to complete the investigation and the investigating organ will issue the preliminary ruling and the final ruling in due course according to the facts of the case and the findings.

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