The “replacement effect” under the epidemic
The "replacement effect" under the epidemic

Several analysts said that the main reason behind the data is that China’s manufacturing capacity continues to improve during the epidemic, while the production capacity in developed regions such as Europe and the United States has been restricted due to repeated epidemics, and the supply capacity has been difficult to repair. Zhang Yi, the chief […]

Read more
China’s export growth in 2020 exceeds expectations
China's export growth in 2020 exceeds expectations

In December 2020, China’s exports in US dollars rose by 18.1% year-on-year, and imports increased by 6.5%. Both figures exceeded market expectations-the median export and import estimates surveyed by Reuters were 15% and 5%, respectively. Affected by the epidemic, China’s exports suffered a sharp setback at the beginning of the year. As the epidemic center […]

Read more
Why did China buck the trend and become Britain’s largest source of imports?
Why did China buck the trend and become Britain's largest source of imports?

According to data released on the official website of the Office of National Statistics (ONS) recently, in the second quarter of this year, China became the UK’s largest source of imports for the first time. When the import and export trade of various countries has been hit hard by the new crown pneumonia epidemic, why […]

Read more
U.S. import from China surge
U.S. imports from China surge

Washington-As the end of the year approaches, consumers staying at home are buying furniture and appliances made in China, Barbie’s dream house, and bicycles to prepare for the holiday, which has led to a surge in US imports from China. The surge in imports is another side effect of the new crown virus. Americans use […]

Read more
The import scale of pigs in Guizhou is the largest in China
The import scale of pigs in Guizhou is the largest in China

In 2020, Guiyang Customs has successively supervised 4568 imported breeding pigs, and the scale of imported breeding pigs in Guizhou Province hit the highest level in China. Since 2019, affected by the African swine fever and new crown pneumonia epidemics, China’s pig breeding has been affected. In order to ensure that the Guizhou pig breeding […]

Read more
Soybean imports exceed 100 million tons for the first time in 2020
Soybean imports exceed 100 million tons for the first time in 2020

“The main reason for the substantial increase in soybean imports is that my country’s breeding industry, especially live pig breeding, has continued to recover quickly,” said Huang Hanquan, director of the National Development and Reform Commission’s Price Cost Investigation Center. At the end of 2020, the number of live pigs and breeding sows in my […]

Read more
Thailand actively develops a new model for exporting rubber products to China
Thailand actively develops a new model for exporting rubber products to China

The Department of International Trade Promotion of the Ministry of Commerce of Thailand calls on exporters to study new models and encourage further development of the market to export rubber products to China because the Chinese government has established a Free Trade Zone and has opened up opportunities for importers to purchase products directly. Emphasize […]

Read more
Sinosure’s insured amount in 2020 exceeds US$700 billion for the first time
Sinosure's insured amount in 2020 exceeds US$700 billion for the first time

According to China Export & Credit Insurance Corporation, in 2020, Sinosure’s annual insured amount reached 70.07 billion U.S. dollars, an increase of 15.5% year-on-year; indemnities paid to customers were 1.81 billion U.S. dollars, an increase of 32.4% year-on-year; support for the “Belt and Road” countries Exports and investment amounted to US$152.63 billion, an increase of […]

Read more
The shortage of export container supply reflects the continued heating up of China’s foreign trade
The shortage of export container supply reflects the continued heating up of China's foreign trade

The latest China export container freight index has reached a record high, reflecting the strong momentum of China’s foreign trade recovery. The China Export Container Freight Index recently announced by the Shanghai Shipping Exchange reached 1658.58 points, up 5.2% from the previous issue, maintaining a trend of rising for several weeks. The index is one […]

Read more
During the “13th Five-Year Plan” period, China’s total import and export value increased by 17.2%
During the "13th Five-Year Plan" period, China's total import and export value increased by 17.2%

The reporter learned from the General Administration of Customs: During the “13th Five-Year Plan” period, my country’s total import and export value reached 146.37 trillion yuan, an increase of 17.2%. The international market share of import and export increased from 11.9% in 2015 to 12.8% in the first 10 months of 2020. Imports rose to […]

Read more