within the first quarter of this year foreign trade data have been published, compared with the annual growth target, Guangzhou domestic standard, exports increased by 22.6%, pulling the import and export value contrarian growth, the growth rate is higher than the province and the country. However, the import performance is relatively poor, 5 consecutive months of decline. The government will introduce a new deal to reduce tariffs on consumer goods, the creation of duty-free shops, stimulate import growth. Guangzhou said it would take advantage of the FTA test area platform to promote parallel imports of cars, expand import and export business. Good

foreign trade data: contrarian increase of 2.5% higher than the national

Province

in the first quarter, Guangzhou foreign trade import and export value of 177 billion 240 million yuan, an increase of 2.5%, accounting for the total value of foreign trade in Guangdong province of 41.1%. Among them, exports 101 billion 480 million yuan, an increase of 22.6%. Over the same period, the national import and export decline of 6%, the province’s import and export fell 2.8%, Guangzhou contrarian growth of foreign trade, mainly by the export contribution.

in the first quarter of the domestic circulation, the city’s total retail sales of social consumer goods 201 billion 780 million yuan, up 11.6%. This reporter has learned that this year, Guangzhou is expected to target – total retail sales of social consumer goods grew by 10.5% in the first quarter results". Compared with the national and provincial trade, Guangzhou is slightly higher than the overall level of performance. Over the same period, the total retail sales of social consumer goods grew by 10.6%, the province’s total retail sales of social consumer goods grew by 10%.

e-commerce stride forward singing militant songs. In the first quarter of this year, more than yuan online store retail sales of $10 billion 590 million, an increase of 76.3%, part of the first quarter of the electricity supplier business grew by nearly 1 times.

in the first quarter, Guangzhou import and export value of the top 30 companies in total import and export of $66 billion 840 million, an increase of 42.2%, accounting for the same period, Guangzhou’s foreign trade import and export value of 37.7%, pulling the city’s foreign trade growth of 11.5 percentage points.

in the first quarter, Guangzhou import and export trend completely deviated, imports fell 16%. Since last November, Guangzhou imports have fallen for 5 consecutive months, in February this year, even a single monthly decline of 32.3%. Decline in imports is the overall trend over the same period, the country, the province’s imports fell 17.3%, respectively, 10.5%. Domestic demand is a big reason. Guangzhou customs is expected, the slowdown in domestic demand, bring a strong dollar plus factors such as commodity prices is expected to weaken, imports will continue relatively weak trend.

in the first quarter, Guangzhou and The Belt and Road along the country’s trade growth rate in more than 20%, the overall growth rate is 9 times as much, and is the trade surplus.

government measures: the establishment of duty-free shops to promote parallel imports of vehicles

weak overall performance of imports are positive. The provincial commerce department responsible person, the State Council decided to carry out before the end of June this year to reduce import tariffs for the first pilot, some foreign consumer goods, and gradually expand the scope of tariff reduction. At the same time, adjust the service >

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