5月份进出口增速加快

Core Insights - China's total goods trade import and export value reached 17.94 trillion yuan in the first five months of the year, showing a year-on-year growth of 2.5% [1] - Exports amounted to 10.67 trillion yuan, with a year-on-year increase of 7.2%, while imports were 7.27 trillion yuan, reflecting a decline of 3.8% [1] - In May alone, the total goods trade value was 3.81 trillion yuan, up 2.7% year-on-year, with exports at 2.28 trillion yuan (6.3% increase) and imports at 1.53 trillion yuan (2.1% decrease) [1] Trade Composition - Mechanical and electrical products accounted for 60% of total exports, with a value of 6.4 trillion yuan, marking a 9.3% increase [1] - Key export items included automatic data processing equipment (3.9% growth), integrated circuits (18.9% growth), and automobiles (6.6% growth) [1] - Major imported commodities like iron ore, crude oil, and coal saw price declines, while the import value of mechanical and electrical products increased [1] Trade Methods - General trade and processing trade both experienced growth, with general trade reaching 11.51 trillion yuan (0.8% increase) and processing trade at 3.21 trillion yuan (6.2% increase) [2] - The bonded logistics trade method also grew, with a total of 2.54 trillion yuan, reflecting a 5.9% increase [2] Business Entities - Private enterprises and foreign-invested enterprises saw increases in import and export values, with private enterprises reaching 10.25 trillion yuan (7% growth) and foreign-invested enterprises at 5.21 trillion yuan (2.3% growth) [2] - Private enterprises accounted for 57.1% of total foreign trade, an increase of 2.4 percentage points compared to the same period last year [2] Economic Context - The resilience of China's foreign trade amidst challenges is attributed to several factors, including substantial progress in high-level Sino-U.S. economic talks and effective policy measures that have boosted the confidence of foreign trade enterprises [2]