August 10, General Administration of Customs released the latest statistics show that in July, China's import and export value of $ 318.77 billion, an increase of 21.5%, of which exports $ 175.13 billion, up 20.4 percent, the monthly export scale has just set a record last month of the historical record of $ 161.97 billion; imports 143.64 billion U.S. dollars, up 22.9 percent. The trade surplus reached $ 31.484 billion, exceeding market expectations, the highest since January 2009, a 30-month high.
Customs statistics also show that the first seven months, China's foreign trade import and export value $ 2.02255 trillion, up 25.1% over last year, of which exports $ 1.04938 trillion, up 23.4%; imports 973.17 billion U.S. dollars, an increase of 26.9% surplus $ 76.21 billion, a decrease of 8.7%.
"Although the recent US bonds, European debt crises, but on the global economy in the short term is not large, so the world economy is in a slow recovery of the channel which has not changed which means that the external environment does not a major change, will not have a big impact on Chinese exports. "State Council Development Research Center of Foreign Economic Research Department Research Office Zhang Liping think so.
"China's exports increased significantly in July, both the base effect of last year, also shows the external environment were not really so bad, just global economic weakness, not recession, foreign demand is not subject to the debt crisis and other factors significantly influence order to get a lot of business. "For the end of July this year, China's export growth continued to decline since the beginning of the trend, compared to June increased by 2.5 percentage points to 20.4%, higher than market expectations, Galaxy Securities chief economist Zuo Xiaolei said , especially in Japan, Europe and emerging markets, greater support for exports.
Data show that in July, Chinese exports to the EU increased 11.4% from June to 22.3%; exports to Japan to return to pre-earthquake levels,Increased significantly; exports to emerging market economies remain strong, such as Brazil, India, Taiwan's exports increased by 23.7%, 32.2%, 19.9%.
For the surplus to expand, Zuo Xiaolei that, mainly because of substantial growth in exports, but it also shows China's overall foreign trade situation is stable and good. China's current economic stability and growth, demand growth, imports will be improved, if the policy There is no change in the current surplus situation will be no major changes.
S & P on Friday cut the U.S. rating, the market worried about the global economy into the second recession will affect China's future import and export situation. Some analysts have pointed out that China's export industry may experience "shock" would be more obvious weakness in external demand, but by support stable economic growth in emerging markets, exports are expected to drop rate is limited.
"Export growth rate higher than expected. Not to mention the growth rebound, only say that it is volatile, and this rise is very fragile." Economic Research Institute of Chinese Academy of Social Sciences researcher, Tsinghua University, China and the world economic center Researcher Dr. Yuan Gangming said the U.S. S & P lowered the credit rating, or will affect China's exports are expected in the next two to three months after the impact on Chinese exports, and is likely to spread to China's real economy, China can withstand the impact of policy depends on whether there are adjustments.
China International Economic and Exchange Center researcher, said Wang Jun, with the S & P lowered its debt rating and the U.S. debt crisis in Europe, weakness in external demand will be more obvious next step, expected in the second half than the first half of the import and export situation, there will be come down.
State Information Center is also expected to previous reports, the annual world economic growth, the condition of China's foreign trade growth is a gradual trend of steady decline.
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