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In The First Half Of 2017, The Export Trade Growth Of China's Hardware Products Industry Was Higher Than That Of Light Industry
Jan 18, 2018

In the first half of 2017, the global economy recovered moderately and the domestic economy maintained its stability. However, the situation facing China's foreign trade development remained complicated and grim. Uncertainties and instability increased markedly. The first half of the country's total import and export volume reached 13.14 trillion yuan, an increase of 19.6% over the same period of last year, of which 7.21 trillion yuan was exported, an increase of 15%; and 5.93 trillion yuan was imported, an increase of 25.7%. The rapid growth of China's foreign trade in the first half of the year witnessed a rapid growth and not only continued the steady trend since the second half of last year but also hit its highest yoy growth rate in the first half of the year from the second half of 2011. The coordination of the growth of foreign trade import and export is on the rise . In this environment, China's hardware industry in the first half of the year, both the import and export trade maintained a positive growth, and the export trade continued to rise, and higher than China's light industry export growth 5.48 percentage points.Aluminium Anodize Custom Cnc Machining Part Bulk Production

 

According to the customs statistics, from January 2017 to June, China's hardware industry completed a total of 21 billion 742 million US dollars in import and export, up 16.81% from the same period. Among them, the total export volume has reached 20 billion 515 million US dollars, an increase of 17.82% over the same period last year, a 30.93 percentage point increase over the same period last year, and the total import volume reached 1 billion 227 million US dollars, up 2.25% over the same period last year, a 2.72 percentage point increase compared with the same period last year. The growth rate of both import and export trade has changed from negative growth in the same period last year to positive growth. From January to June, the total trade surplus was 21 billion 972 million US dollars, compared with the same period last year, the trade surplus increased by 2 billion 8 million US dollars.CNC Milling Brass Electroplate Product Bulk Production

 

Since 2017, due to a series of policies to support the development of foreign trade under the State Council gradually, the increased demand and prices, coupled with the low base of comprehensive factors, promote the first half of this year, China's foreign trade overall continue to stabilize the good. Under this environment, the import and export trade of China's hardware industry increased positively, and export trade continued to accelerate. In the first half of the year, the total export growth rate of the whole industry increased by 4.31 percentage points compared with the first quarter. Bilateral trade with the major trading partners such as the Asia Pacific, the EU, ASEAN and the United States has been significantly enhanced.

 

In the second half of the year, there are still more uncertainties and uncertainties in the operation of foreign trade, and some deep-seated contradictions and difficulties will exist for a long time. However, China's trade structure is constantly optimized, the quality and efficiency of continuous improvement, new energy accumulation, stabilize the fundamentals have not changed for the better, the annual foreign trade industry overall showed a good trend.Stainless Steel Electroplate Custom Cnc Machining Part Bulk Production


  • Contact Us

    Add: 2F, Building A1, No. 276, E. Baoshi Rd., Baoan District, Shenzhen
    Tel: +86-755-27359623
    Mob: +8618516195475
    E-mail: sales@litongcnc.com


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