Total foreign trade exceeded 30 trillion yuan for the first time
In 2018, in the face of rising global trade protectionism and unilateralism and rising uncertainty in the world economy, China has stepped up reform and opening up, adopted a series of measures to "stabilize foreign trade" and "stabilize foreign investment", and achieved good results.
In 2018, China's foreign trade totaled 30.51 trillion yuan, up 9.7 percent year-on-year.Among them, exports totaled 16.42 trillion yuan, up 7.1%.Imports totaled 14.09 trillion yuan, up 12.9 percent.From January to December 2018, 60,533 new foreign-invested enterprises were set up nationwide, up 69.8% year-on-year.The actual use of foreign capital reached 885.61 billion yuan, up 0.9 percent year-on-year.
In 2019, the downward pressure on China's economy will add to the slowdown in global economic growth, and the growth pressure on China's foreign trade and investment will also increase. Measures to stabilize foreign trade and foreign investment will be further deepened.
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