China's foreign trade in May was released by the General Administration of Customs.The latest data showed that in Yuan terms, imports and exports fell 4.9 percent in May from a year earlier to 2.47 trillion yuan, better than widely expected.Among them, exports reached 1.46 trillion yuan, up 1.4% year on year.
As the impact of THE COVID-19 epidemic on the world economy gradually becomes apparent, the majority of foreign trade enterprises are facing unprecedented difficulties and challenges for survival and development.However, the reporter discovers in interview, the tax cuts JiangFei, customs clearance facilitation, export credit insurance claims, encourage enterprises to transform such policy support, the foreign trade enterprise show a strong toughness and elasticity, stabilize the production and operation, have strengthened cooperation and through the active transformation and upgrading of pile up the potential for further healthy development of China's open economy.
Analysts believe that the international industrial chain and supply chain is formed by the long-term choice of enterprises in the process of economic globalization, which integrates the advantages of global economies and reflects the division of labor and cooperation.In the face of the impact of the epidemic, all sectors in China are working together to push foreign trade enterprises to swim against the current.
