1、Chinas Q1 foreign trade hits highs中国一季度外贸创历史新高2 0 2 1年4月1 3日，中国日报报道根据海关总署的数据，今年第一季度，中国的对外贸易总额为8 .4 7万亿元人民币（合1 .2 9万亿美元），同比增长2 9 .2。On 1 3 April 2 0 2 1 , China Daily reported that Chinas foreign trade amounted to8 .4 7 trillion yuan ($ 1 .2 9 trillion) in the first quarter of this year, up 2 9 .2 pe
2、rcentyear-on-year, according to the General Administration of Customs.The countrys exports soared 3 8 .7 percent on a yearly basis to 4 .6 1 trillion yuanfrom January to March, while its imports jumped 1 9 .3 percent year-on-year to 3 .8 6trillion yuan. Its trade surplus surged 6 9 0 .6 percent year
3、-on-year to 7 5 9 .2 9 billionyuan.The encouraging trade figures are partly due to the lower base from the firstquarter of last year, when Chinas foreign trade was affected by the COVID-1 9pandemic, administration spokesman Li Kuiwen said.In the meantime, Chinas trade with the Association of Southea
4、st Asian Nationsreached 1 .2 4 trillion yuan, an increase of 2 6 .1 percent year-on-year, while trade withthe European Union rose 3 6 .4 percent to 1 .1 9 trillion yuan. The goods trade valuebetween China and the United States grew 6 1 .3 percent year-on-year to 1 .0 8 trillionyuan during the same p
5、eriod.Chinas economy will continue to rebound in 2 0 2 1 with expected growth ofaround 8 .8 percent, according to the China Economic Security Outlook Report 2 0 2 1released recently by Peking University.The report predicted Chinas growth rate ofconsumption, investment and foreign trade will all rise
6、 year-on-year. The increase inthe growth rate of consumption is deemed a result of the low cardinal number effect,price hike and policies for stabilizing consumption and stimulating domestic demand.The low cardinal number and policies will also contribute to the growth rate surge ininvestment. Fadin
7、g impact from the pandemic, the gradual recovery of the globaleconomy as well as the low cardinal number and policy support is thought to boostthe growth rate of Chinas exports. The recovery in demand and low cardinal numberwill support the rise in the import growth rate.A foreign buyer checks out t
8、eapots at a trading center in Yiwu, an internationalwholesale hub for import and export, Zhejiang province, China, on Jan 1 4 , 2 0 2 1 .Photo/XinhuaThe countrys foreign trade with economies related to the Belt and RoadInitiative and trade partners of the Regional Comprehensive Economic Partnershipg
9、rew by 2 1 .4 percent and 2 2 .9 percent on a yearly basis, respectively, in the firstquarter of 2 0 2 1 .References：1 . Chinas Q1 foreign trade hits highshttp:/ 0 2 1 0 4 /1 3 /WS6 0 7 4 fc5 9 a3 1 0 2 4 ad0 bab5 1 df.htmlUpdated: 2 0 2 1 -0 4 -1 3 1 0 :0 52 . Chinas commodity imports surge in Q1http:/ 0 2 1 0 4 /1 3 /WS6 0 7 5 2 8 eea3 1 0 2 4 ad0 bab5 2 ff.htmlUpdated: 2 0 2 1 -0 4 -1 3 1 3 :1 53 . Report: Chinas economic growth expected to rise to 8 .8 %http:/ 0 2 1 0 4 /1 3 /WS6 0 7 5 0 8 1 ca3 1 0 2 4 ad0 bab5 2 9 d.htmlUpdated: 2 0 2 1 -0 4 -1 3 1 0 :5 5
