China's Foreign Trade Circle Of Friends Continues To Expand, And They Are Making Efforts To Blank New Markets
There is no light in the east and light in the west. There are many "friends" and many roads. Against the background of shrinking global demand, my country's foreign trade "circle of friends" continues to expand, and a large number of foreign traders have also taken the initiative to attack new markets that were almost blank before.
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According to customs data, in terms of US dollars, in the first half of this year, the country's imports and exports fell by 4.7% year-on-year, exports fell by 3.2%, and imports fell by 6.7%. Specifically, among the 26 major countries (regions), 7 countries (regions) showed positive growth in imports and exports, and 8 countries (regions) achieved positive growth in exports.
Among them, exports to Russia grew the fastest, up to 78.1%, followed by Singapore, which increased by 37.2% year-on-year, and South Africa, which increased by 13.9%. In addition, my country's exports to ASEAN, Malaysia and Thailand increased by 1.5%, 2.5% and 0.4% year-on-year respectively; exports to Australia increased by 0.7%.
Liu Mingyang is a veteran of foreign trade in the field of cross-border e-commerce. Benefiting from the rising trend of cross-border e-commerce, the company's export performance has risen against the trend, and he has also acquired the ability to flexibly adjust the market with the help of big data. In fact, targeting Southeast Asia and Russia as the main battlefield is a strategic change he has made since the second half of last year. The method is to use the digital technology of cross-border e-commerce to find markets with faster demand growth and corresponding products at a lower cost. The popular products, and then find matching buyers through hierarchical management, so as to realize the so-called "find the blue ocean in the red ocean".
Lu Daliang, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department, said at the press conference of the State Council Information Office on July 13 that in recent years, the vast number of foreign trade enterprises in my country have given full play to their subjective initiative, actively responded to changes in the international market, and pioneered and innovated. , while stabilizing economic and trade exchanges with developed economies, it also deeply explores the markets of developing countries and regional markets such as ASEAN, and has made positive progress in the diversification of trade markets.
In addition to ASEAN, in terms of RMB, my country's imports and exports to Latin America, Africa, and Central Asia in the first half of the year increased by 7%, 10.5%, and 35.6% year-on-year respectively, which were higher than the overall growth rate of imports and exports during the same period. From 2020, ASEAN will remain my country's largest trading partner for three consecutive years. my country's import and export to Latin America has maintained positive growth for six consecutive years, and will exceed 3 trillion yuan in 2022. The five Central Asian countries have become a new growth point for my country's foreign trade. Last year, the growth rate of my country's imports and exports to the five Central Asian countries was higher than the overall growth rate of imports and exports during the same period. At the same time, my country's imports and exports to countries along the "Belt and Road" increased by 9.8%, 7.7 percentage points higher than the overall growth rate, accounting for 34.3%, an increase of 2.4 percentage points year-on-year; imports and exports to other members of RCEP (Regional Comprehensive Economic Partnership Agreement) increased 1.5%.
Changes in the "circle of friends" of foreign trade have led to a strong demand for cross-border transportation of China-Europe trains.
According to the data of China State Railway Group Co., Ltd., in the first half of this year, a total of 8,641 China-Europe trains have been operated, and 936,000 TEUs of goods have been sent, a year-on-year increase of 16% and 30% respectively. Among them, there were 4,620 outbound trains with 499,000 TEUs, a year-on-year increase of 16% and 29% respectively; 4,021 return trains with 437,000 TEUs, a year-on-year increase of 16% and 31% respectively. Up to now, China Railway Express has operated more than 73,000 trains and 6.9 million TEUs over the years, reaching 216 cities in 25 European countries.

