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Foreign trade exports continued to improve in August

Beijing, Sept. 7 (Reporter Du Haitao) According to customs statistics, in the first eight months of this year, China's total import and export value of goods trade 20.05 trillion yuan, down 0.6% from the same period last year, the decline is 1.1 percentage points narrower than the previous seven months. Among them, the export 11.05 trillion yuan, an increase of 0.8%; Imports were 9 trillion yuan, down 2.3 percent; And the trade surplus was 2.05 trillion yuan, up 17.2 percent.

In August, China's foreign trade volume reached 2.88 trillion yuan, an increase of 6 percent. In particular, the export value was 1.65 trillion yuan, up by 11.6 percent; Imports were 1.23 trillion yuan, down 0.5 percent; And the trade surplus was 416.59 billion yuan, up 74.4 percent.

General trade imports and exports increased, and the proportion increased. In the first eight months of this year, China's import and export in general trade reached 12.09 trillion yuan, an increase of 0.5%, accounting for 60.3% of China's total foreign trade value and 0.7 percentage points higher than that in the same period last year. In the same period, the import and export of processing trade reached 4.68 trillion yuan, down by 6.7 percent.

Imports and exports to ASEAN, the European Union and Japan increased, while imports and exports to the United States decreased slightly. In the first eight months of this year, ASEAN was China's largest trading partner, with a total trade value of 2.93 trillion yuan, up by 7% and accounting for 14.6% of China's total foreign trade. The EU was China's second largest trading partner, with a total trade value of 2.81 trillion yuan, up by 1.4% and accounting for 14% of China's total foreign trade. The US was China's third largest trading partner, with trade between China and the US reaching 2.42 trillion yuan, down by 0.4 percent.

The import and export proportion of private enterprises increased. The export of mechanical and electrical products, textiles and plastic products increased, while the export of clothing declined. Imports of iron ore, crude oil, coal, natural gas and soybeans increased and prices fell. In the first eight months, China exported 6.47 trillion yuan of mechanical and electrical products, up 2.1 percent and accounting for 58.5 percent of the total export value. In the same period, textiles including masks were exported to 737.55 billion yuan, up 37.8 percent; And clothing 581.33 billion yuan, down 10.2 percent. In the first eight months, China imported 760 million tons of iron ore, up 11 percent, and the average import price was 652.4 yuan per ton, down 0.2 percent. Mechanical and electrical products were imported to 4.05 trillion yuan, up 2 percent.

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