Russia And Mongolia Remain The Main Trading Partners

Hohhot Customs issued statistics 17 days ago. In 2016 1-2, the total value of foreign trade and import and export in the Inner Mongolia Autonomous Region was 11 billion 680 million yuan (RMB, the same below), down by 10% over the same period last year. Among them, 5 billion 360 million yuan was exported, 6 billion 320 million yuan was imported, and the trade deficit was nearly 1 billion yuan.

　　 Inner Mongolia Located in the northern part of China, adjacent to Russia and Mongolia, it is China, Mongolia and Russia. Economic Corridor The important node is also the forward position of "interaction" between China and Russia. The largest land port in China and Mongolia, Erenhot and the largest land port in China and Russia, Manchuria carries the important cargo mission between Eurasia.

According to the data provided by the Hohhot customs, the total value of foreign trade and import and export in Inner Mongolia in 2016 was 11 billion 680 million yuan, down 11.4%, of which 5 billion 360 million yuan was exported, with a slight increase of 6 billion 320 million yuan and a decrease of over 20% by 1-2 yuan.

Data show that Russia and Mongolia remain the main trading partners. Russia Imports and exports grew by 6.8%, and Mongolia's imports and exports dropped by 23.3%. The total trade value of the two countries accounted for nearly half of Inner Mongolia's total foreign trade value in the same period.

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17, reporters learned from the website of the Ministry of commerce that the Ministry of Commerce held a regular press conference today. Shen Danyang, spokesman, said that the new growth momentum of China's foreign trade is accumulating. It is expected that after March, the decline of China's foreign trade will gradually narrow down.

Shen Danyang pointed out that according to customs statistics, the total value of imports and exports in China has declined considerably in the first 2 months of this year, reflecting the fact that the demand for international market in 2016 is still very weak, and the foreign trade situation is still grim and complicated. What needs to be explained is that in the first two months of 2015, the base was relatively high, and the export volume was $199 billion 890 million in January. The monthly export volume was the third highest in the whole year. In February, the export grew by 48.2% over the same period last year. The monthly growth rate was the highest in the whole year. With the influence of the Spring Festival, the data in the first 2 months of this year had many factors that could not be compared, and it could not fully reflect the trend of the whole year's foreign trade. Although the situation is grim and complicated, we have many favorable conditions to do this year's foreign trade work. We still have the confidence and determination to work hard to accomplish the various tasks of foreign trade put forward in the government work report, to promote the stability of foreign trade and to play a greater role in economic and social development.

Shen Danyang said that from the recent survey of 20 provinces and municipalities across the country, enterprises generally reflected that the overall situation of foreign trade in 2016 was indeed more complex than in 2015, and the difficulties in 2015 did not decrease or even aggravate.

From the international situation, the International Monetary Fund and the world bank and other authoritative institutions generally lowered the global economic growth rate in 2016 to the lowest level in 6 years. The Baltic Dry Index dropped to 349 points, the lowest level in history. The prices of international commodities and raw materials continued to decline, still lingering low, the situation in some areas was turbulent, trade protectionism was rising, and trade frictions increased. We also noted that the exports of the 30 major economies in the world recently released this year's foreign trade data have dropped sharply to varying degrees, of which more than 10 of the major economies with a decline of more than 2 digits, such as the US decreased by 10.7%, Japan's 12.9% down, South Korea's decline by 18.8%, Canada's fall by 12.4%, Brazil's decline by 17.9%, India's decline by 13.6%, and Taiwan's decline by 13%.

From the domestic situation, the factor cost of enterprises has continued to rise, the traditional competitive advantage of foreign trade has weakened, fixed asset investment has been slowing down, import demand has declined, especially the outward transfer of industries and orders is accelerating. The export of processing trade has declined for 12 consecutive months, exceeding the level of the international financial crisis. These heralded difficulties in foreign trade are not short-term.