Our high-precision CNC fiber laser cutting machine was successfully delivered to Germany. The customer mainly provided metal processing services and require the precision 0.08mm. At the beginning, he chose many suppliers, after comparing the machine’s configuration, accuracy, professionalism and service of the machine, SUNTOP LASER is finally selected. Here, we wish his business better and better. SUNTOP will continue to work hard and won’t let you down.
According to the latest data released by the General Administration of customs, China’s foreign trade import and export reached 2.84 trillion yuan in October, an increase of 4.6% over the same period last year (the same below). This is also the positive growth of foreign trade import and export value for five consecutive months since June. Among them, exports were 1.62 trillion yuan, an increase of 7.6%; imports were 1.22 trillion yuan, an increase of 0.9%; trade surplus was 401.75 billion yuan, an increase of 34.9%. The analysis shows that the positive factors at home and abroad are still accumulating, and foreign trade is expected to maintain a steady growth trend in the whole year.
Overall, in the first 10 months of this year, China’s total value of imports and exports of goods was 25.95 trillion yuan, an increase of 1.1%. Among them, exports were 14.33 trillion yuan, an increase of 2.4%; imports were 11.62 trillion yuan, down 0.5%; trade surplus was 2.71 trillion yuan, an increase of 16.9%.
While maintaining a steady growth in scale, China’s trade structure has been further optimized, with general trade import and export increasing and proportion increasing. In the first 10 months, China’s general trade import and export reached 15.6 trillion yuan, an increase of 2.8%, accounting for 60.1% of China’s total foreign trade value, an increase of 1 percentage point over the same period last year. Among them, exports reached 8.51 trillion yuan, an increase of 4.8%; imports reached 7.09 trillion yuan, an increase of 0.5%. Over the same period, the import and export of processing trade reached 6.09 trillion yuan, down 6.2%.
The analysis shows that the rapid recovery of general trade exports is providing impetus for the optimization of the overall trade structure. Wang Han, chief economist of Societe Generale Securities, said that since March, in the process of China’s export recovery, the recovery power mainly comes from general trade exports. The year-on-year growth rate of general trade exports has recovered to 16.8% from the low point of – 4.5% in March to October; from January to October, the cumulative growth rate of general trade has recovered to 2.8%, accounting for about 60% of China’s exports, an increase of about 1% compared with the same period last year. In the same period, the cumulative import processing trade was – 7.5% year-on-year, and the incoming processing trade was – 14.7% year-on-year. In the process of export recovery after the epidemic, the general trade with higher added value will recover better and China’s trade structure will be improved.
Post time: Jul-28-2020