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Efforts to fine-tune the presetting of the base effect in the second quarter policy or an increase in

Jason Hobson

General Administration of Customs data released on the 10th, the month of March, China's import and export value of $ 325.97 billion, an increase of 7.1%. Which exports $ 165.66 billion, an increase of 8.9%; imports 160.31 billion U.S. dollars, an increase of 5.3%; the month trade surplus of $ 5.35 billion. January to March, China's accumulated trade surplus of $ 670 million.

Analysts said that the trade achieved a surplus of $ 5.35 billion in March, while the market is widely expected trade deficit, this contrast is the main import growth is much lower than expected result. The import slowdown in domestic demand is weak. Due to funding pressures faced by SMEs and the domestic market are lacking, it is expected that the second quarter of policy pre-tune fine-tune the intensity or increase, reduce deposit reserve ratio is expected to significantly enhance.

Import slowed down unexpectedly

The statistics show that in March, China's import growth rate whole sale wiper is lower than the cumulative growth of 7.7 percent growth rate in January-February.

Researcher at the China International Economic and Exchange Center, said Wang Jun, the March trade surplus is expected to appear contrast the main reason is an unexpected slowdown in imports, especially in the case of the whole sale Auto accessory energy and international commodity prices decline in March this contrast shows that the domestic investment whole sale wiper and consumption slowdown.

SW chief macroeconomic analyst Retrospect, order lag and orders poor future expectations, led suction mold machine to the March import worse than expected, the impact of domestic consumer demand.

The Ministry of Commerce foreign trade researcher Li believes that since the second half of last year, the countries to strengthen macroeconomic regulation and control of large-scale investment Plastic bag-making machinery projects such as real estate, regulation effects begin to be felt in the first quarter, resulting in domestic investment in commodity import prices appear to put the case down slow domestic demand decreased slightly, which imports declined.

The data show that in whole sale Auto accessory the imported Plastic bag-making machinery goods in the first quarter, China's iron ore imports of 190 million tons, an increase of 6%, the average import price of $ 137.1 per ton, down 13.4 percent; soybean 13.33 million tons, an increase of 21.6%, average import price $ 525.7 per tonne, down 8.2 percent. suction mold machine

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