General Administration of Customs: China's total foreign trade has increased 198-fold in 40 years

Zou Zhiwu, deputy director of the General Administration of Customs, said in Beijing on the 20th that China's total foreign trade imports and exports have increased 198 times in the past 40 years of reform and opening up, becoming one of the most important forces driving the growth of world trade. Now, every five minutes, 290 million yuan (RMB, the same below) of goods enter and leave China's customs territory.



Zou Zhiwu said at the 2018 China News Agency-sponsored forum that thanks to reform and opening-up, China's foreign trade has witnessed a miraculous growth of 14.5% annually. At present, China has 1400 merchandise export shares ranking first in the world. Foreign trade directly or indirectly drives the employment of nearly 200 million people. The proportion of foreign trade in Global trade has increased from less than 0.8% to more than 11%.



He said that there are 290 million yuan of goods entering and leaving China's customs every five minutes, four international ships leaving or leaving the port, nine international airlines taking off or landing, 1120 containers, 5492 express cargo, 8655 items leaving or arriving, 2.06 million integrated circuits, 17,000 LCD panels, 10,000 mobile phones, 88 metal processing machines leaving China's customs, 34,000 cosmetics, 1. Ten thousand tons of iron ore and 4300 tons of crude oil entered China's territory.



Zou Zhiwu said that at present, China's foreign trade has become one of the most important forces driving world trade growth - ldquo.



While China's foreign trade is expanding in scale, its quality is also improving. Zou Zhiwu said that in the past ten years, China's foreign trade has gradually moved from a high-speed development stage to a high-quality development stage, & ldquo; China's creation & rdquo; has gradually emerged. In 1995, the export of mechanical and electrical products took the place of textiles and clothing for the first time as the largest export commodity, marking the transformation of China's export commodities from labor-intensive to capital-technology-intensive. In 2003, for the first time, the export of mechanical and electrical products accounted for the total value of China's exports - ldquo; half of the country's exports - rdquo; and in 2011, the export of mechanical and electrical products exceeded the trillion-dollar mark.



From the point of view of the main body of foreign trade, before 1992, only state-owned enterprises and foreign-invested enterprises were the main body of China's foreign trade operation. In 1993, private enterprises began to enter the historical stage. Zou Zhiwu said that from 2008 to 2017, the total import and export value of China's private enterprises increased from 536 billion US dollars to 158.15 billion US dollars, an average annual growth of 12.8%, higher than the overall annual growth rate of China's foreign trade import and export in the same period.



Zou Zhiwu said that in the future, the General Administration of Customs will further promote the integration of customs and inspection, create a more advanced and internationally competitive customs supervision system and mechanism, and promote the modernization of Customs governance system and governance capacity.