Xinhua News Agency, Beijing, April 13 (Reporter Wang Xi, Wang Youling) The General Administration of Customs on the 13th released data, the first quarter of China's trade in goods import and export value of 5.2 trillion yuan, down 5.9%, including 3 trillion yuan exports and 2.2 trillion yuan imports, down 4.2% and 8.2% respectively. The trade surplus in the first three months was 810.2 billion yuan, expanding by 8.5 percent.

The total value of China's imports and exports in March was 1.91 trillion yuan, up 8.6 percent year on year. Among them, the export was 1.05 trillion yuan, up by 18.7 percent, reversing the previous negative growth trend; And import 855.5 billion yuan, down 1.7 percent, the decline narrowed significantly.

Mechanical and electrical products and labor-intensive products are still the main export force of China. In the first quarter, China's export of mechanical and electrical products was 1.74 trillion yuan, down 4.2%, accounting for 57.7% of the total export value in the same period. Among them, the export of medical instruments and instruments, storage batteries and solar cells increased by 3.3%, 2.7% and 10.9%, respectively. During the same period, exports of traditional labor-intensive products totaled 622.52 billion yuan, down 1 percent, accounting for 20.7 percent of the total export value. Among them, exports of textiles, toys and plastic products increased.

In the first quarter, the import and export of China's private enterprises reached 2 trillion yuan, an increase of 3.6%, accounting for 38.2% of the total value of foreign trade. Among them, the export of 1.39 trillion yuan, an increase of 2.4%, accounting for 46.1% of the total value of export, surpassing the export proportion of foreign-invested enterprises and state-owned enterprises, and maintaining the first place in export share.

In the first three months, China's exports to Pakistan, Bangladesh, Egypt, India and Russia and other countries along the "Belt and Road" increased. In the same period, exports to the EU, the United States and ASEAN fell by 1.4%, 3.4% and 8.5% respectively, accounting for 46.7% of China's total exports in the same period.

In the first quarter, China's import volume of iron ore, crude oil, copper and other bulk commodities maintained growth, and the import price dropped by 11.5%. The index of China's terms of trade in the first quarter was 108.2, which means that a certain amount of goods exported by China can be exchanged for 8.2% more imported goods, indicating that China's terms of trade continue to improve.

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