China's foreign trade vitality is further enhanced, and the number of overseas orders for enterprises is increasing. Foreign trade | China | orders
CCTV News: Currently, the direct impact of weakened foreign demand on China's foreign trade is still ongoing. What is the trend of China's foreign trade in the second half of the year? From multiple leading indicators in the foreign trade market, can China's foreign trade continue to maintain stable growth in the second half of the year?
As the only policy insurance institution in China, China Export Credit Insurance Company is an important force in safeguarding China's foreign trade exports, and its business data is closely related to the market. From the perspective of foreign trade enterprises applying for foreign buyer quotas in the first half of the year, which is an indicator of their intention to purchase insurance, the development vitality of foreign trade enterprises is continuously releasing.
![China's foreign trade vitality is further enhanced, and the number of overseas orders for enterprises is increasing. Foreign trade | China | orders](https://a5qu.com/upload/images/4ff38a003e725b75d0126768db94d12f.jpg)
China's export price index has been consistently higher than the import price index for the same period since 2022. In May 2023, the export and import price indices were 105.3 and 95 respectively, with a difference of more than 10 percentage points, which is the highest level since 2016.
From the perspective of market entities, in the first half of the year, there were 540000 foreign trade enterprises in China with import and export performance, an increase of 6.9% year-on-year. Among them, private enterprises continue to expand, with a year-on-year increase of 8.3%, continuing to maintain their position as the largest operating entity in China's foreign trade.
![China's foreign trade vitality is further enhanced, and the number of overseas orders for enterprises is increasing. Foreign trade | China | orders](https://a5qu.com/upload/images/b7d7972864cf2b3e29c7dbd3a650631b.jpg)