November trade surplus of 368.85 billion US dollars worth of foreign trade to expand

   December 8, the Customs Department announced January-November foreign trade situation in China. According to customs statistics, in the first 11 months, the export value of 23.95 trillion yuan [1], more than last year (below) increased by 2.2%. Among them, the export of 13 trillion yuan, an increase of 4.4%; imported 10.95 trillion yuan, down 0.4 percent; trade surplus of 2.05 trillion yuan, expanding 40.4 percent.

   Customs statistics show that in November, import and export value of 2.27 trillion yuan, down 0.3 percent. Among them, the export of 1.3 trillion yuan, an increase of 4.9%; imported 0.97 trillion yuan, down 6.5 percent; trade surplus of 334.8 billion yuan, expanding 60.5 percent (below).

   Denominated in US dollars, the first 11 months, the export value of $ 3.9 trillion, an increase of 3.4%. Among them, the export of $ 2.12 trillion, an increase of 5.7%; imports $ 1.78 trillion, an increase of 0.8%; trade surplus of $ 332.5 billion, expanding 42.2 percent.

   November, import and export value of $ 368.85 billion, down 0.5%. Among this, exports 211.66 billion US dollars, an increase of 4.7%; imports 157.19 billion US dollars, down 6.7 percent; trade surplus of $ 54.47 billion, expanding 61.4 percent.

   General trade, processing trade pace. The first 11 months, China's general trade import and export 12.91 trillion yuan, an increase of 4.4%, accounting for 53.9% of my total foreign trade, compared with 1.1 percent a year earlier upgrade. Which exports 6.68 trillion yuan, an increase of 9.3%, 51.4% of total exports; imported 6.23 trillion yuan, down 0.4%, accounting for 56.8% of the total value of imports; under the general trade surplus of 457.4 billion yuan, a year earlier deficit of 136.3 billion yuan. The same period, China's processing trade 7.8 trillion yuan, an increase of 2.1%, 32.6% of my total foreign trade, essentially flat with last year. Which exports 4.9 trillion yuan, an increase of 1%, accounting for 37.7% of total exports; imports of 2.9 trillion yuan, an increase of 4%, accounting for 26.5% of the total value of imports; processing trade surplus of 2 trillion yuan, narrowed 3.1 %.

   In bilateral trade with major trading partners, I EU, US and ASEAN imports and exports grow. 11 months ago, China-EU bilateral trade value of 3.43 trillion yuan, an increase of 8.9%. Sino-US trade amounted to 3.09 trillion yuan, an increase of 5.2%. I ASEAN trade amounted to 2.66 trillion yuan, an increase of 7.1%. Sino-Japanese bilateral trade amounted to 1.75 trillion yuan, a slight decrease of 0.7%.

   11 months ago, the Mainland and Hong Kong bilateral trade value of 2.05 trillion yuan, down 8.9%

   Import and export of private enterprises grew faster than other types of businesses. 11 months ago, foreign-invested enterprises import and export 11.03 trillion yuan, an increase of 2%, accounting for 46% of my total foreign trade. Among them, the export of 5.97 trillion yuan, an increase of 1.3%, accounting for 45.9% of total exports; imports of 5.06 trillion yuan, an increase of 2.7%, accounting for 46.2% of the total value of imports. The same period, private enterprises and export 8.27 trillion yuan, an increase of 6.2%, faster than other types of enterprises, 34.5% of my total foreign trade. Among them, the export of 5.59 trillion yuan, an increase of 8.9%, accounting for 43% of total exports; imported 2.68 trillion yuan, an increase of 1.1%, accounting for 24.5% of the total value of imports.

   In addition, imports of 264 million tons of coal, down by 9.4%, imports average price of 472.8 yuan per ton, down 15.1 percent; 26.78 million tons of refined oil, decrease of 26.1%, the average import price of 4922 yuan per ton, down 1.1%; unwrought rolled aluminum and aluminum 799,000 tons, down by 4.6%, imports average price of 26,600 yuan per ton, down 0.8%. Mechanical and electrical products imported 4.74 trillion yuan, down 0.2%; of which 1.292 million cars, an increase of 20.7%. Pilot exports index fell compared with October. In November, China's exports of leading indicators was 40.8, compared with October fell 0.9, falling for two consecutive months, indicating the end of this year early next year, China's export growth is still facing some pressure. Which, according to survey data network,China's export managers index was 42.1 in November, compared with October fell 0.8; new export orders index, export manager confidence index, export enterprises comprehensive cost index declined in October compared to 44,48.3,23.9 1.1,0.6,0.5 respectively.