If (" "Observation of the economic situation in Hunan in the first quarter | 37.4%, the growth rate of foreign trade is bright"! = "Observation of the economic situation in the first quarter of Hunan

  37.4%, the growth rate of foreign trade is bright.

  -One of the observations on the economic situation in the first quarter of the province.

  In the first quarter, Hunan’s foreign trade started well, and the total value of imports and exports increased rapidly, with an increase of 37.4% over the same period of last year, which was 28 percentage points higher than the national average speed, showing new changes such as more balanced imports and exports, optimized product structure of imports and exports, and more and stronger foreign trade subjects.

  The growth rate of foreign trade is 28 percentage points higher than the national average growth rate. 

  Yueyang Guansheng Investment Development Co., Ltd. imported more than 1,000 cars in the first quarter, and its foreign trade volume increased by 3.5 times year-on-year.

  The import and export of Lansi Technology (Changsha) Co., Ltd. rose against the trend, with a year-on-year increase of 33.2%;

  Automobile manufacturers such as GAC Mitsubishi Automobile Co., Ltd. have formed automobile industrial clusters through chain introduction, which has boosted the rapid growth of automobile spare parts imports …

  According to customs statistics, from January to March, the province’s total foreign trade import and export volume reached 57.43 billion yuan, a year-on-year increase of 37.4%, which was 28 percentage points higher than the national average growth rate.

  "Since the beginning of this year, the world economy has continued to recover, the domestic economy is stable and improving, and the endogenous power of foreign trade development has increased, which has promoted the rapid growth of import and export in our province in the first quarter." Changsha Customs analyzed several reasons for the rapid growth of foreign trade in our province.

  The world economy has recovered moderately, and the growth rate of international trade is obvious. Since the beginning of this year, international institutions such as the International Monetary Fund and the OECD have raised their forecasts for the global economic growth rate in 2018; At the same time, the steady improvement of the domestic economy has led to an increase in import demand. The structural reform of the supply side in the province continued to deepen, and the endogenous motivation of foreign trade development increased, which is also an important reason for the rapid growth of foreign trade in our province in the first quarter.

  In addition, the "Belt and Road" cooperation continues to deepen, boosting Hunan enterprises to "go global". In the first quarter, the import and export volume of our province to countries along the "Belt and Road" was 19.06 billion yuan, up by 61.3%. According to the analysis of Changsha Customs, Hunan and many countries along the "Belt and Road" have strong industrial complementarities. With the continuous progress of bilateral investment and economic and trade cooperation, the areas of cooperation will continue to expand.

  Import and export have become more balanced, and foreign trade entities have become stronger and more. 

  In the first quarter, Hunan’s foreign trade also showed many new changes and highlights.

  The growth rate of imports is greater than that of exports, and imports and exports tend to develop in a balanced way. According to customs statistics, in the first quarter, our province exported 34.933 billion yuan, up 36.5% year-on-year; Imports reached 22.497 billion yuan, a year-on-year increase of 38.7%.

  The structure of import and export products is more optimized. In terms of export, mechanical and electrical products and high-tech products with high added value are still the main export forces. In the first quarter, Hunan exported 15.18 billion yuan of mechanical and electrical products, accounting for 43.5% of the province’s total export value in the same period; The export of high-tech products was 4.47 billion yuan, accounting for 12.8%.

  Imports are still dominated by mechanical and electrical products, imports of high-tech products have doubled, and imports of some high-quality consumer goods have increased rapidly. In the first quarter, Hunan imported 9.54 billion yuan of mechanical and electrical products, an increase of 45.5%, accounting for 42.4% of the province’s total import value in the same period; Imported high-tech products reached 5.19 billion yuan, doubling, accounting for 23.1%.

  "The main body of foreign trade in our province is becoming stronger and stronger, and private enterprises are the main force of import and export." According to the person in charge of the Foreign Trade Department of the Provincial Department of Commerce, from January to March, the number of enterprises with import and export performance in Hunan Province increased by more than 20%. For example, Chenzhou Yinghongbao Electronic Technology Co., Ltd., which was established only at the end of last year, achieved a cumulative import and export of 150 million yuan in the first quarter of this year. In addition, there are 6 enterprises with a cumulative import and export of more than 1 billion yuan, an increase of 1 over the same period last year; 18 enterprises with a total investment of over 500 million yuan, an increase of 4 over the same period last year; There were 116 enterprises with an import and export value of over 100 million yuan, an increase of 48 over the same period last year. Large import and export enterprises such as Hunan Zhongxing Supply Chain Co., Ltd., Yueyang Guansheng Investment Development Co., Ltd., Lansi Technology (Changsha) Co., Ltd. and Hunan Xiangyun Fine Chemical Manufacturing Co., Ltd. have grown significantly.

  The motivation of all kinds of market players to participate in foreign trade development is stronger. In the first quarter, the import and export volume of private enterprises in Hunan was 36.89 billion yuan, an increase of 59.8%, accounting for 64.2% of the total import and export value of the province. The import and export volume of state-owned enterprises and foreign-invested enterprises has also achieved steady growth simultaneously.

  Take measures to help foreign trade grow steadily. 

  On the whole, there are many favorable conditions to promote the development of China’s foreign trade at present. However, the increasing uncertainties in the current international environment pose challenges to the steady growth of Hunan’s imports and exports.

  Customs believes that since the beginning of this year, there have been some positive changes in the international political and economic situation, but deep-seated structural contradictions are still prominent in the global scope.

  "There are still great uncertainties in the development prospects of Hunan’s export-oriented economy, but opening up is an irreversible trend of the times. In the future, we will take many measures to promote the development of foreign trade from the aspects of finance, talents and platforms." The person in charge of the Foreign Trade Department of the Provincial Department of Commerce said.

  Create a diversified foreign trade financing system, improve the policies of "order financing", "tax refund financing" and "credit insurance financing", and strive to solve the problem of financing difficulties and high financing for small and medium-sized foreign trade enterprises. According to reports, this year, the Provincial Department of Commerce will jointly introduce policies related to foreign trade financing with the Provincial Department of Finance, and will set up an import and export financing guarantee company for small and medium-sized enterprises in Xiangjiang New District.

  In terms of talents, the Provincial Department of Commerce said that it would launch a "Thousand Talents Training Program" to help employees of small and medium-sized foreign trade enterprises improve their foreign trade vocational skills free of charge, and plans to train more than 1,000 foreign trade business personnel during the year.

  At the same time, cultivate and expand new foreign trade formats and new models, actively cultivate import and export platform companies, and help small and medium-sized foreign trade enterprises to act as import and export agents. The Provincial Department of Commerce will also publish the catalogue of key overseas exhibitions in our province in the near future to encourage foreign trade enterprises to actively participate in the exhibition and explore the international market.

  In addition, Changsha Customs indicated that it would increase its support to help more powerful enterprises realize "Hunan enterprises going to sea" and "Hunan products leaving the country"; Improve the level of customs clearance facilitation between China and Europe, and further explore emerging markets; Strengthen the tracking and monitoring of the international political and economic situation and trade policies, timely release early warning information, and provide guidance and help for enterprises to adjust their business strategies.

  (Text/Zhou Yuegui Deng Yazhen Ouyang Jingzi)