According to customs statistics, in January 2017, China's import and export value was 2.18 trillion yuan, an increase of 19.6% over the same period last year (the same below). Specifically, the export was 1.27 trillion yuan, up by 15.9%; Imports reached 911.17 billion yuan, up 25.2 percent; The trade surplus narrowed by 2.7 percent to 354.53 billion yuan. What are the main features of China's import and export in January: The proportion of general trade import and export increased

In January, China's general trade import and export reached 1.25 trillion yuan, up 19.9%, accounting for 57.3% of China's total foreign trade, up 0.1 percentage point over the same period last year. The total export value was 708.48 billion yuan, up 12.7%, accounting for 56% of the total export value; Imports reached 538.77 billion yuan, up 30.8%, accounting for 59.1% of the total value of imports; The surplus under general trade was 169.71 billion yuan, narrowing by 21.7%. During the same period, the import and export of processing trade reached 586.13 billion yuan, up by 11.6%, accounting for 26.9% of China's total foreign trade value, which was 1.9 percentage points lower than the same period last year. The total export value was 390.82 billion yuan, up by 14.6%, accounting for 30.9% of the total export value; Imports reached 195.31 billion yuan, up 5.9%, accounting for 21.4% of the total value of imports; The surplus under processing trade was 195.51 billion yuan, up 24.8%

In addition, China's imports and exports under special customs supervision totaled 234.4 billion yuan, up 33.4%, accounting for 10.8% of China's total foreign trade value. The total export value was 73.77 billion yuan, up 12.1%, accounting for 5.8% of the total export value; Imports reached 160.63 billion yuan, up 46.2% and accounting for 17.6% of the total value of imports.

Imports and exports to Europe, America, Japan, ASEAN and other markets increased

In January, the EU was China's largest trading partner, with a total trade value of 325.56 billion yuan, up 14.1% and accounting for 15% of China's total foreign trade. Among them, China's export to the EU was 211.64 billion yuan, up by 13.6%; China imported 113.92 billion yuan from the EU, up by 15.2%; The trade surplus with Europe was 97.72 billion yuan, up by 11.8%. The United States was China's second largest trading partner, with a total trade value of 320.07 billion yuan, up 21.9 percent and accounting for 14.7 percent of China's total foreign trade value. Among them, China's export to the United States was 233.98 billion yuan, up by 17.2 percent; China imported 86.09 billion yuan from the United States, up 36.7%; The trade surplus with the US was 147.89 billion yuan, up by 8.2%.

In January, ASEAN was China's third largest trading partner, with a total trade value of 266.84 billion yuan, up 18.8%, accounting for 12.3% of China's total foreign trade value. Among them, China's export to ASEAN was 154.64 billion yuan, up by 13.7%; China imported 112.2 billion yuan from ASEAN, up 26.6 percent; The trade surplus with ASEAN was 42.44 billion yuan, down by 10.4%. Japan is China's fourth largest trading partner. The total trade value between China and Japan reached 155.03 billion yuan, up 18.4%, accounting for 7.1% of China's total foreign trade value. Among them, the export to Japan was 84.93 billion yuan, up by 18%; China imported 70.1 billion yuan from Japan, up 18.8%; The trade surplus with Japan was 14.83 billion yuan, up by 14.4 percent.

The proportion of imports and exports of private enterprises increased.

Both foreign-invested enterprises and state-owned enterprises saw their imports and exports increase

In January, the import and export of private enterprises reached 861.74 billion yuan, up 21.3%, accounting for 39.6% of China's total foreign trade value, up 0.6 percentage points from the same period last year. Of which, the export value was 612.38 billion yuan, up by 18.9%, accounting for 48.4% of the total export value; Imports reached 249.36 billion yuan, up 27.9%, accounting for 27.4% of the total value of imports. During the same period, the import and export of foreign-invested enterprises reached 915.57 billion yuan, up by 13%, accounting for 42.1% of China's total foreign trade. Among them, the export value was 511.22 billion yuan, up by 11.8%, accounting for 40.4% of the total export value; Imports reached 404.35 billion yuan, up 14.5%, accounting for 44.4% of the total value of imports.

In addition, imports and exports of state-owned enterprises reached 392.85 billion yuan, up 36.7%, accounting for 18% of China's total foreign trade value. Of which, the export value was 141.11 billion yuan, up 19.1%, accounting for 11.1% of the total export value; Imports reached 251.74 billion yuan, up 48.9%, accounting for 27.6% of the total value of imports.

Mechanical and electrical products, textile clothing, etc

Exports of traditional labor-intensive products increased

In January, China's exports of mechanical and electrical products reached 709.57 billion yuan, up 16.6 percent, accounting for 56.1% of the total export value. Among them, the export of electrical appliances and electronic products was 302.87 billion yuan, up by 12.5%; Machinery and equipment yuan 197.89 billion, up 14.4 percent. During the same period, the export of clothing was 99.27 billion yuan, up by 9.5%; 66.41 billion yuan for textiles, up by 11.2%; Footwear 35.79 billion yuan, up 16.8%; Furniture 32.45 billion yuan, up 4.1%; Plastic products 23.36 billion yuan, up 20.5%; 17.49 billion yuan for suitcases and bags, up 22.1%; Toys 12.11 billion yuan, up 53.4%; The export of the above seven categories of labor-intensive products totaled 286.88 billion yuan, up by 13%, accounting for 22.7% of the total export value. In addition, fertilizer exports were 1.21 million tons, down 51.3 percent; 7.42 million tons of steel, down 23.2%; The number of automobiles was 70,000, an increase of 65.7%.

Iron ore, oil, coal, etc

Import prices of major commodities rose.

In January, China imported 92 million tons of iron ore, up 12%, and the average import price was 524.9 yuan per ton, up 81.3%; Crude oil was 34.03 million tons, up 27.5%, and the average import price was 2,644.4 yuan per ton, up 46.7%; Coal was 24.91 million tons, up 64.4%, and the average import price was 650 yuan per ton, up 1.1 times; The average import price was 3,284.7 yuan per ton, up 48.3 percent. Primary shape plastic 2.21 million tons, an increase of 10.2%, the average import price of 11,200 yuan per ton, an increase of 9.9%; 1.09 million tons of steel, up 17.7%, the average import price was 6,853.6 yuan per ton, up 0.8%; Unforged copper and copper materials were 380,000 tons, down 12.7 percent, and the average import price was 42,600 yuan per ton, up 30.5 percent.

In addition, the import of mechanical and electrical products reached 388.41 billion yuan, up by 12.9 percent; Among them, 80,000 were automobiles, an increase of 29.1 percent.

The leading index of foreign trade exports picked up

In January, the export pilot index of China's foreign trade was 39, up 1.6 compared with December last year. It is preliminarily concluded that the export pressure of China is expected to ease in the early second quarter of 2017. According to the online questionnaire survey data, the export managers index was 41.5 in the same month, up 2.1 compared with the previous month. The index of new export orders and the index of managers' confidence rose by 2, 3.7 to 43.9 and 47.2 respectively. The comprehensive cost index of export enterprises fell by 1.1 to 22.8.