Why is the import of goods falling this year? Statistical office: affected by factors such as commod

Journalists

According to data recently released by the general customs administration, imports in united states dollars decreased by 3. 4 per cent in may, an increase of 3. 2 percentage points over the previous month。

In response to the fall in the import of our goods this year, the press spokesman of the national statistical office stated at a press conference on monday that, since the beginning of the year, the dynamism of global economic growth and the slowdown in global trade, affected by the uncertainty of international trade policies, inevitably affected the growth of our imports。

At the same time, it is indicated that some additional trade restrictive measures have had some negative effects on our imports。

In addition, he referred to the marked decline in international commodity prices following the weakening of the dynamism of international economic growth this year, particularly energy prices, which, as a major importer of energy raw materials, could have an impact on the growth of our imports。

“the average prices of iron ore, crude oil, coal and soybeans imported by the country fell by 16. 4 per cent, 10. 6 per cent, 22. 5 per cent, and 13. 9 per cent, respectively, in the previous five months, all of which had an impact on our imports.”。

As indicated by ling ling, while the volume of imports of some commodities has fallen, our imports of major industrial products have increased by 6 per cent over the previous five months, including 69 per cent and 7. 3 per cent, respectively, of automated data-processing equipment and its parts and integrated circuits。

He noted that, in the next phase, with growing domestic demand, autonomous opening and an orderly expansion of unilateral opening, china's large market would certainly offer the world greater opportunities and more options。

South-west securities, in their research, stated that the domestic policy mix had worked as the margins of the us-china tariff game had subsided, the superimposed base figure had fallen and imports had increased at a rate or with some support。