In the first seven months, China's imports and exports to other BRICS countries increased by 19.1% (new data highlights), labor-intensive | economy and trade | China

Release time:Apr 15, 2024 05:27 AM

Beijing, August 21 (Xinhua) - Since its establishment, the BRICS Cooperation Mechanism has continuously deepened practical cooperation in the economic and trade fields. According to customs statistics, in the first seven months of this year, China's imports and exports to other BRICS countries amounted to 2.38 trillion yuan, a year-on-year increase of 19.1%, accounting for 10.1% of China's total foreign trade imports and exports, an increase of 1.6 percentage points; Among them, exports reached 1.23 trillion yuan, an increase of 23.9%; Imports reached 1.15 trillion yuan, an increase of 14.3%.

The dual engines of electromechanical and labor-intensive products drive China's export growth——

According to customs statistics, in the first seven months, China's exports of mechanical and electrical products to other BRICS countries amounted to 759.45 billion yuan, an increase of 38%, accounting for 61.7% of China's total exports to other BRICS countries during the same period. Among them, the exports of lithium batteries and electric passenger vehicles have grown exponentially, with growth rates of 129.5% and 601.3% respectively. The export growth rates of automotive parts, household appliances, agricultural machinery, etc. have all exceeded 40%. During the same period, China's exports of labor-intensive products to other BRICS countries amounted to 157.81 billion yuan, an increase of 20.5%.

Cooperation in the fields of energy resources and agricultural products effectively promotes the export of products from relevant countries to China——

In the first seven months, China imported 422.78 billion yuan of energy products such as crude oil, coal, lignite, and natural gas from other BRICS countries, an increase of 17.3%, accounting for 36.7% of China's total imports from other BRICS countries during the same period; The import of metal ores such as iron ore and copper ore was 181.19 billion yuan, an increase of 8%, accounting for 15.7%. During the same period, China imported 27.024 billion yuan of agricultural products from other BRICS countries, an increase of 14.9%, accounting for 23.5%.

Private enterprises continue to explore the markets of BRICS countries, with rapid growth in trade scale, becoming the main force of China's "BRICS trade"——

According to customs statistics, in the first seven months, China's private enterprises imported and exported RMB 1.36 trillion to other BRICS countries, an increase of 29.4%, accounting for 57.1% of China's total import and export value with other BRICS countries during the same period; Among them, exports reached 862.69 billion yuan, an increase of 28.8%; Imports reached 496.57 billion yuan, an increase of 30.5%.

Guiding the right direction for promoting the development of the international human rights cause -- President Xi Jinping's congratulatory letter to the high-end forum on global human rights governance triggered a warm response to the high-end forum on global human rights governance

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Micro Video | Strengthening the Construction of an Education Strong Country, Comprehensively Improving Population Quality with High Quality | Population | Micro Video

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The overall stable operation of domestic prices - Interpretation of May CPI and PPI data month | year-on-year | Overall

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The Construction of Modern Civilization of the Chinese Nation injects inexhaustible spiritual Power into the Promotion of Chinese-style Modernization-General Secretary Xi Jinping's important speech at the Symposium on Cultural inheritance and Development aroused strong repercussions in China | Chinese Civilization | General Secretary

Everyone said that on the new journey of comprehensively promoting the great rejuvenation of the Chinese nation, we should be firm in cultural self-confidence, take on the mission, and work hard to learn rich nutrition from the excellent traditional Chinese culture, refine and sublimate in the great practice of Chinese path to modernization, so that the Chinese civilization can glow with new vitality and vitality, and inject strong civilization nourishment and spiritual strength into the construction of a strong country and national rejuvenation. The cultural and national fortunes are intertwined, and the cultural context is connected to the national context.