CCTV News: The recent escalation of Sino-US trade tensions will have on how much impact will it have on Sino-US trade? Is there a possibility of decoupling in the trade field? How will China respond? A relevant person in charge of the General Administration of Customs responded at the press conference and said that in the first quarter of this year, under the interference and impact of the US government's abuse of tariffs, bilateral trade between China and the United States continued to grow, with imports and exports of 1.11 trillion yuan, an increase of 4%.

Wang Lingjun, deputy director of the General Administration of Customs, said that the essence of Sino-US economic and trade relations is mutual benefit and win-win, the result of the role of economic laws, and has strong endogenous driving force. In the first quarter of this year, under the interference and impact of the US government's abuse of tariffs, bilateral trade between China and the United States continued to grow, with imports and exports reaching 1.11 trillion yuan, an increase of 4%. The United States has announced the abuse of tariffs on all trading partners, including China, under various excuses, which inevitably has a negative impact on global trade, including China and the United States. The so-called "reciprocal tariffs" of the United States subvert the existing international economic and trade order and put American interests above the public interests of the international community. It is a typical tariff bullying behavior, seriously violates the rules of the World Trade Organization, seriously damages the rules-based multilateral trading system, and seriously impacts the stability of the global economic order. There is no winner in the trade war, and there is no way out for protectionism. The actions of the US government have aroused widespread opposition from the world. China has firmly taken countermeasures and will work with all parties to jointly oppose US tariff bullying and domineering behaviors, and jointly defend the multilateral trading system and economic globalization.

China's foreign trade scale hits a new high

Follow China's economy. The State Council Information Office held a press conference on the 14th to announce the import and export of goods in the first quarter of this year. In the first quarter of this year, China's import and export of goods reached 10.3 trillion yuan, and the scale of import and export reached a record high in the same period.

In the first quarter of China's import and export of goods was 10.3 trillion yuan

According to customs statistics, in the first quarter of this year, my country's import and export of goods was 10.3 trillion yuan, an increase of 1.3% year-on-year. Among them, exports were 6.13 trillion yuan, an increase of 6.9%; imports were 4.17 trillion yuan, a decrease of 6%. In the first quarter, my country's import and export scale hit a record high in the same period, exceeding 10 trillion yuan for eight consecutive quarters. Judging from the monthly trend, imports and exports fell by 2.2% in January, basically the same in February, and increased by 6% in March.

In the first quarter, the proportion of private enterprises' imports and exports increased by 5.85 trillion yuan, an increase of 5.8%, accounting for 56.8% of my country's total import and export value, an increase of 2.4 percentage points from the same period last year. During the same period, foreign-invested enterprises imported and exported RMB 2.99 trillion, an increase of 0.4%, accounting for 29% of the total import and export value.

In the first quarter, the growth rate of imports and exports to countries jointly built the Belt and Road Initiative was higher than the overall

my country's imports and exports to countries jointly built the "Belt and Road Initiative" were 5.26 trillion yuan, an increase of 2.2%, 0.9 percentage points higher than the overall, accounting for 51.1% of the total import and export value. Among them, imports and exports to ASEAN were 1.71 trillion yuan, an increase of 7.1%.

Wang Lingjun, deputy director of the General Administration of Customs, said that with the increasing number of external difficulties and challenges, various local departments and the vast number of foreign trade operators actively responded, promoting a smooth start to my country's foreign trade imports and exports in the first quarter. Recently, the US government's abuse of tariffs has inevitably had a negative impact on global trade, including China and the United States. China will resolutely implement the necessary countermeasures as soon as possible. Customs will resolutely implement the decisions and deployments of the CPC Central Committee, strictly implement various countermeasures against the United States in accordance with the law, and continuously improve regulatory efficiency and service levels.