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According to customs statistics, in the first half of this year, China's total import and export value of goods trade was 11.13 trillion yuan, down 3.3% from the same period last year. But quarter by quarter, the trend is obvious. In the first quarter, the value of import and export and import increased negatively. In the second quarter, the value of import and export increased positively, and the decline of import value narrowed year on year.
In the first half of the year, China's import and export, export and import value declined year on year. In the first quarter, the value of import, export and import decreased by 6.9%, 5.7% and 8.4%, respectively. In the second quarter, the value of import, export and import increased by 0.1% and 1.2% respectively, showing positive growth; the value of import decreased by 1.2%, which was 7.2 percentage points narrower than that in the first quarter.
Foreign trade in the second half of the year has both positive and negative factors, basically maintaining the upward and downward fluctuations in the first half of the zigzag trend, and the range of fluctuations is expected to narrow. However, the narrowing of this fluctuation is still stable at the bottom, and there is little room for further decline.
In the first half of the year, the state has introduced many measures to stabilize foreign trade, and all localities need to continue to actively implement them, including the integration of customs and inspection network. In addition, in the second half of the year, more real gold and silver policies should be put forward, such as increasing export tax rebates and expanding pilot FTA projects.
Looking ahead to the foreign trade situation in the second half of the year, experts believe that with the joint efforts of all parties, China's import and export of goods trade is expected to continue to develop along the trend of stabilization.