The Global Economic And Trade Friction Index Fell Year-On-Year, And The United States Continued To Maintain A High Level
In order to better serve Chinese enterprises and allow enterprises to accurately grasp changes in the foreign business environment, the China Council for the Promotion of International Trade continues to track and analyze economic and trade friction measures in 20 countries (regions), and at its monthly press conference today (June 30), Released the monthly global economic and trade friction index for April 2023.
Looking at the comprehensive index, the global economic and trade friction index in April was 125, still in the high range, but it was down 467 points from the same period of the previous year and 22 points from the previous month. The amount involved in global economic and trade friction measures decreased by 21.4% year-on-year and 23.8% month-on-month.
In terms of country indexes, South Korea, the United States, and India ranked among the top three in the global economic and trade friction index among 20 countries (regions) in April, and the European Union, the United States, and South Korea ranked the top three in the amount of money involved in global economic and trade friction measures.
China Council for the Promotion of International Trade spokesman Yang Fan: Among them, the global economic and trade friction index of the United States continues to remain high, and the index of import and export restrictive measures adopted by the United States is the country with the highest sub-index in the world that month. The index of technical trade measures and other restrictive measures are also at the same level. high position.
According to Yang Fan, the indexes of South Korea and India have increased significantly compared with the same period last year. The China index was 19 that month, which continued to be at a low level.
Yang Fan, Spokesperson of the China Council for the Promotion of International Trade: Judging from the industry index, the chemical industry, electronics, transportation equipment and other industries have become the main conflict points of economic and trade friction measures. Among the 13 major industries within the scope of monitoring, the chemical industry ranks first in the economic and trade friction index of all industries, and the electronics, transportation equipment, mechanical equipment, agriculture, light industry and pharmaceutical industries are also at a high level.
In terms of China-related economic and trade frictions, the China-related economic and trade friction index of 19 countries (regions) in April was 1290, which remained at a high level, down 63 points from the previous month. Among them, the United States has the highest China-related economic and trade friction index, followed by South Korea and the United Kingdom.