In the first quarter, China's export volume reached 6 trillion yuan, an increase of 6.9%
On April 14, The State Council Information Office held a regular press conference on economic data in the first quarter. Wang Lingjun, deputy director of the General Administration of Customs, and Lu Daliang, spokesman of the General Administration of Customs and Director of the Statistical Analysis Department, introduced the import and export of goods in China in the first quarter and answered questions from reporters.
Wang Lingjun introduced that according to customs statistics, in the first quarter of this year, China's trade in goods imports and exports of 10.3 trillion yuan, an increase of 1.3% year-on-year (the same below), and the scale of imports and exports hit a record high in the same period. Of this total, the export was 6.13 trillion yuan, up by 6.9%; Imports were 4.17 trillion yuan, down 6%.
Among them, the import and export of mechanical and electrical products grew rapidly. In the first quarter, China's import and export of mechanical and electrical products 5.29 trillion yuan, an increase of 7.7%. Exports of household appliances, notebook computers, electronic components and so on are growing faster, imports of automatic data processing equipment parts, ships and Marine engineering equipment and so on.
Overall, in the case of increasing external difficulties and challenges, all localities and departments and the majority of foreign trade business entities actively responded to promote the first quarter of China's foreign trade imports and exports to achieve a stable start.
He stressed that the recent indiscriminate tariffs imposed by the US government will inevitably have a negative impact on global trade, including that between China and the US. China resolutely implemented necessary countermeasures at the first time, not only to safeguard its legitimate rights and interests, but also to safeguard international trade rules and international fairness and justice. China will unswervingly promote high-level opening up and carry out mutually beneficial economic and trade cooperation with other countries.
He further said that the customs will resolutely implement the decision-making and deployment of the Party Central Committee, based on customs duties, strictly implement countermeasures against the United States in accordance with the law, and safeguard national sovereignty, security and development interests.
Lu Daliang mentioned at the meeting that China's exports are indeed facing a complex and severe external situation, but "the sky cannot fall." In recent years, China has actively built a diversified market and deepened industrial chain and supply chain cooperation with all parties, which not only enables the development of each other, but also enhances our own resilience. At the same time, China's domestic demand market is vast, is an important rear.
"We will unswervingly manage our own affairs well and respond to the uncertainties of the external environment with our own certainty," Lu said.
In response to a US reporter's question on how much impact the escalating trade tensions between China and the US will have on China-Us trade and whether there is a possibility of decoupling in trade, Wang Lingjun said that China's Position on Certain Issues in China-Us Economic and Trade Relations released on April 9 shows with a large number of facts and figures that the essence of China-Us economic and trade relations is mutual benefit and win-win. It is the result of economic law and has a strong internal driving force.
In the first quarter of this year, despite the interference and impact of the US government's indiscriminate tariffs, bilateral trade between China and the US still maintained growth, with the import and export volume reaching 1.11 trillion yuan, an increase of 4%.
The US has announced indiscriminate tariffs on all its trading partners, including China, under various pretexts, which will inevitably have a negative impact on global trade, including that between China and the US.
The so-called reciprocal tariffs by the US side subvert the existing international economic and trade order and place the interests of the US above the public interests of the international community. This is a typical tariff bullying act, which seriously violates the rules of the World Trade Organization, seriously undermines the rules-based multilateral trading system, and seriously impacts the stability of the global economic order.
Wang Lingjun further stressed that "trade wars have no winners, and protectionism has no way out." What the US government has done has aroused widespread opposition around the world. China has resolutely taken countermeasures and will continue to work with all parties to jointly oppose the US tariff bullying and defend the multilateral trading system and economic globalization. We urge the US side to immediately correct its wrong actions and resolve trade differences through equal dialogue in accordance with the principle of mutual respect."