According to data released by the General Administration of Customs on the 10th, the total value of China's import and export of goods in the first five months of this year was 12.1 trillion yuan, a year-on-year increase of 4.1%. In the large plate of 12.1 trillion yuan, the export was 6.5 trillion yuan, an increase of 6.1%; the import was 5.6 trillion yuan, an increase of 1.8%; the trade surplus was 893.36 billion yuan, an increase of 45%. From the perspective of trading partners, China's import and export growth in major markets such as the EU, ASEAN and Japan, the growth rate of imports and exports of countries along the “Belt and Road” is higher than the overall.
The insiders believe that under the "backwind" of protectionism, China's foreign trade "winds up" and develops steadily. This is the result of China's insistence on expanding its openness and injecting more certainty into global trade.
Zhuang Rui, deputy dean of the Institute of International Economics of the University of International Business and Economics, said in an interview with Xinhua News Agency that from the first quarter, foreign trade increased by 3.7% year-on-year to 4.1% in the first five months. It is not difficult to see that China's foreign trade is growing steadily. Changes, combined with the global environment of global trade slowdown, such achievements are hard to come by. In recent years, China's trade with ASEAN has achieved sustained and strong growth, which is closely related to the promotion of the China-ASEAN Free Trade Area upgrade. The rapid growth of trade with countries along the ‘Belt and Road’ also shows that China’s continued efforts to promote trade facilitation are achieving benefits that benefit all parties. This is especially valuable in the context of the current anti-globalization.
Original link：http://www.xinhuanet.com//2019-06/10/c_1124603012.htm
