August 10, 2011, General Administration of Customs released July 1, 2011 China's foreign trade situation. Statistics show that in bilateral trade with major trading partners, the bilateral trade value of $ 318.61 billion, an increase of 21.1% over the same period, bilateral trade value of 245.49 billion U.S. dollars, up 18.5% I-ASEAN bilateral trade worth $ 202.09 billion, an increase of 25.5%, of which I exported 95.07 billion U.S. dollars to ASEAN, an increase of 24%; from ASEAN imports 107.02 billion U.S. dollars, up 27%; $ 11.95 billion trade deficit with ASEAN to expand 57.3% Sino-Japanese bilateral trade value of 191.29 billion U.S. dollars, up 18.3%, of which I exported 80.92 billion U.S. dollars in Japan, up 24.2%; imports from Japan $ 110,370,000,000, an increase of 14.3%; $ 29.45 billion trade deficit with Japan, decreased by 6.2%.

Experts said that for now, China and the EU, the performance of bilateral trade are normal, but taking into account the gradual warming of the recent debt crisis in Europe and the U.S. debt issues affecting the future of China's bilateral trade with Europe slowdown likely.

For the first seven months of the China-EU trade data, the Institute of Europe experts, the Ministry of Commerce Yao Ling believes that the current speed of the overall stability of bilateral trade, "the beginning, we would have worried about this whole situation may not be as last year, by the European sovereign debt crisis the impact of trade growth may be slowing down. But now, the situation is quite stable. "

However, Yao Ling also pointed out that the recent past, as the euro area core countries - Germany, France, there have been signs of economic slowdown, based on this consideration, China's exports to Europe will inevitably be affected, should be cause for concern.

CASS Institute of World Economics and Politics of International Trade Room Ma Tao also believes that careful comparison of the 2010 trade data can be found within the current issue of European exports to China and did not cause much impact, "but in the long term,Europe's internal debt and the decline in purchasing power of residents will affect the United States and Europe's economic growth, exports to China will also have certain constraints and influence."

For the first seven months on the performance of bilateral trade, Chinese Academy of Social Sciences researcher Zhang monsoon analysis of Japan, said: "Now, the U.S. and the EU, and Japan is considered a normal trade growth, with almost all the same data before the forecast . "He believes that since the earthquake in Japan, Japan and China to the relative increase in demand for reconstruction materials, so China's exports relatively more, while their ability to supply the Japanese has been hit hard, take some recovery time, so China from Japan Import growth is not obvious for the reduction in trade deficit with Japan, Zhang monsoon that the current rate within the normal range, "can be said that the Sino-Japanese trade is currently in stable condition."

This articlereleased:China Trade Information (http://en.zgxu.com),Reprinted Please note Ming.