Report on Chinese Imports 2023 Officially Released

The 5th China International Import Expo(CIIE)was held in Shangha i from November 5th to 10th,2023.In order to enable all the relevant parties at home and abroad to better understand the development of China’s imports,the“Report on Chinese Imports 2023”was published,which analyzes China’s imports from the perspectives of provinces and municipalities,cities,import source countries,industries,direct customs,high-tech industrial development zones,economic and technological development zones and free trade zones in order to comprehensively understand the latest trends and changes in the development of China’s import trade in 2022.

Zero-Tariff Policy Benefits Africa:China pushes to reach$300 billion in imports from Africa by 2024

The volume of goods exported to China from Uganda has grown tremendously since December 2022,according to Uganda’s government figures.The reason for the increase is that Uganda was among the 10 countries that benefitted from China removing tariffs on goods exported by this group at the end of last year.

US textiles & apparel imports dropped 13% to $ 17.5 bn in Jan-Feb

US imports of textiles and apparel have continued to de­crease in value terms,falling by 13.01 per cent to$17.554 billion in the first two months of 2023,compared to$20.179 billion during the same period in 2022.China is still the largest supplier of textiles and clothing to the United States,accounting for 24%of the market,followed by Vietnam,accounting for 14.97%.

China’s alfalfa market and imports: Development, trends, and potential impacts of the U.S.-China trade dispute and retaliations

This study examines the development and trends of China’s alfalfa market and imports, identifies key factors for the rapid increase in China’s alfalfa imports, and discusses potential impacts of the U.S.-China trade dispute and retaliations on the alfalfa markets and trade in both nations. China’s rapid transition toward larger-scale commercial dairy production, with enhanced feed and cost management as well as quality and safety control, and its limited resources for high-quality alfalfa production are key factors for the dramatic increase in its alfalfa imports, from 19 601 metric tons in 2008 to 1.38 million metric tons(mmt) in 2018. While the United States dominated China’s alfalfa imports with an average share of 97.01% from 2007 to 2017, the share dropped to 83.76% in 2018 and 63.28% in January 2019 due to the trade dispute and retaliations started in 2018. China will likely remain a large importer of alfalfa because of both its growing demand and the comparative advantages of imported alfalfa in quality and price, but the imports from the United States will be highly affected by the ongoing trade dispute and negotiations. China is also expected to make more efforts to reduce its dependence on U.S. alfalfa through increased investment in domestic alfalfa production and identification of alternative sources of alfalfa and other hay imports.

China's meat and grain imports during 2000–2012 and beyond: A comparative perspective

This paper provides a review on China＇s meat trade for the 2000–2012 period and discusses its future development, with reference to China＇s grain trade. With marginal decreases in meat exports and slight increases in their imports, China＇s net imports of major meat products（including pork, beef, mutton and poultry but excluding meat offal） were just below 1 million tons in 2012, dwarfed by China＇s net imports of grains which reached 66.7 million tons in the same year. This slow growth in meat trade seems to contradict earlier expectations on increasing meat demand and imports, based upon projected shifts in consumption patterns driven by rapid per capita income growth. Several plausible explanations of this paradoxical trade pattern are offered, including mass imports of feed grains, persistent（but shrinking） gaps between Chinese and international meat prices, tariff barriers, and non-tariff measures. In the near future China may not be able to maintain such a lower profile on the world meat markets, as per capita income is projected to continue to rise and domestic production cost advantages erode due to rising labor costs. A model-based projection exercise indicates that under plausible assumptions China＇s meat imports may rise sharply by 2030.

Changing structure of China's meat imports

This paper discusses the determinants of meat imports of China. Results indicate that import demand is mostly determined by import price and real GDP. Imported price has a negative effect and real GDP has a positive influence on import quantity. Tariff does not have a significant effect. As GDP and consumption capacity increases, China has a large potential demand for meat imports. Some countries may gain if China＇s economy continues expanding, while others, like the United States, are the most sensitive to the trade policy of China.

Imports of Copper, Crude Oil and Iron Ore Soar in China

Driven by economic growth and a need to restock,China’s imports for crude oil and key commodities surged to a record high in the first month of the year,said China Daily.Imports of crude oil,iron ore and copper are often evaluated as a sign of China’s economic strength,but a weeklong Lunar New Year holiday,

Analyzing the Relation between Greek Paper and Paperboard Imports and Exports with Macroeconomic Variables

This paper describes the relation between Greek imports and exports of paper and paperboard and a number of major macroeconomic variables, such as population, gross domestic product, the industrial production index and domestic round wood production. The Pearson correlation coefficient and multiple regression analysis were employed in the analysis of the data. The study shows that there is no significant relation between paper and paperboard imports as a dependent variable and population, gross domestic product and domestic round wood production as independent variables. Despite this, an acceptable model is constructed using only gross domestic product as an independent variable. The study also shows that there is a significant relation between the export of paper and paperboard and gross domestic product, the industrial production index and round wood production. The results indicate that gross domestic product as an independent variable has the greatest effect on wood imports and exports in Greece during the period studied. Using these models is confirmed that the use of socioeconomic variables and the construction of future scenarios for the Greek forest sector is very efficient considering the special characteristics of the Greek economy. These models could help the establishment of economic growth, the reduction of the financial and ecological deficit, the implementation of economic reforms and to increase new investments.

Corn imports by China seen gaining sevenfold to record

According to Bloomberg on March 18,corn imports by China,the world’s second-largest consumer,may surge sevenfold to a record 28 million metric tons by 2015-2016 as local production fails to keep pace with increased

The Report on 2021 Rankings for Imports in China Released

In 2020,despite the epidemic of COVID-19 impacted the world heavily,China still accelerated the pace to expand the opening up,carried out a series of relevant initiatives and measures,and held the third China International Import Expo(CIIE) as scheduled.Before the 4 th CIIE,in order to help deepen the understanding in China and around the world on the development of China's imports,2021 Rankings for Imports in China was compiled,which gave analysis on the imports into China from the perspectives of regional import trade,such as by pro vinces,municipalities,cities,sources.

How Media Opinion Influences Imports in the US

Does public opinion influence US imports?Do countries with a good reputation export more to the US?And vice versa?Based on an extended trade gravity model,this paper employs news data from the GDELT database and US monthly import data to create an indicator of the influence of public opinion to examine the effects of US domestic public opinion on imports.Our research findings suggest that:(i)US public opinion influences US imports.Specifically,(ii)when public opinion turned negative during 2013-2017,it exerted a significantly negative effect on US imports;when public opinion was favorable during 2008-2012,it exerted an insignificantly positive effect on US imports.(iii)According to the pulse response function and variance decomposition,negative public opinion exerted a more significant and more lasting effect on US imports compared with positive public opinion.(iv)It can be discovered after further decomposing such effects on product categories that significant product heterogeneity exists in the public opinion effects on US imports:Complex and differentiated products are more influenced by negative public opinion while homogeneous and intermediate products are more influenced by positive public opinion.

China's Imports and Exports Have Maintained Rapid Growth

Imports and exports In the period of January-October,Chinese imports and exports have maintained rapid growth,the structure has continued to be optimized,the transformation of growth drivers has been accelerated,the quality and efficiency have improved,and momentum of steady growth has been further consolidated.

Beijing's Imports Take Off

Beijing’s foreign economic and tradedepartment has devoted muchattention to the import business, whilecontinuously increasing its export value.In 1994 the value of its self-managedimports(excluding the imports it handledfor the state and provincial foreign tradecompanies as agent)stood at US＄1.91billion, up 38. 2％ over the previous year,remarkably higher than the growth rate ofexports. Of the imports, the means ofproduction and the means of livelihoodwere valued at US＄1.854 billion andUS＄57. 31 million, accounting for 97％and 3％ of the total respectively. Themanufactured goods and the primarygoods were worth US＄1. 634 billion

Enhanced Inspection of Imports and Exports

Since the Import and Export Commodity Inspection Law of the PRC went into effect on August 1, 1979, commodity inspection institutions in China have conducted inspection and supervision in accordance with the law, and fulfilled the duties and tasks set by the state, thus promoting

THE STATE COUNCIL DECIDES TO EXTEND THEIMPORT-DUTY EXEMPTION PERIOD FOR IMPORTS OF EQUIPMENT AND RAW MATERIALS BY ENTERPRISES WITH FOREIGN INVESTMENT

Recently the State Council decided to extend the period ofduty exemption for imports of equipment and raw materials by foreign-invested enterprises below US$30 million.In order to administrate import and export activities in light ofinternational practice and apply a unified, fair and standardizedpolicy toward import duties, the State Council, on December28,1995, decided to reform and adjust the policies of import duties by fairly significant reduction of the overall import tariff leveland elimination of preferences of import-duty exemption for mostimport items, which was also applicable to imports of equipmentand raw materials by foreign-invested enterprises set up since April1st, 1996. At the same time, with a view to maintaining the policycontinuity and relative stability, those enterprises established before March 31, 1996 were allowed an extended duty-exemptionperiod of one to two years for importation of equipment and rawmaterials(referring to construction materials, etc.) if such importswere below the value of their total investments, and for

Imports by China's Auto Market

For a long time, imports were always an important component part of China’s auto market, an important means for regulating the balance of supply and demand on the domestic market. But along with the rapid development of the domestic auto industry, the position and action of automobile imports on the do-

Imports and Exports in the First Half of 2002

In the first half of 2002, oil processing volume in China reached 107.1 million tons, 1% more than that in the same period of last year. The imported crude took up 30.8% of the total volume processed, which is about the same as 30.2% for last year.

Low Oil Prices Drive up China's Crude Oil Imports

China’s crude oil imports hit a record high in the first half of 2016 despite an economic slowdown,and analysts largely attributed the surge to low prices,not strategic maneuvering.The country imported 186.5 million tons of crude oil in the first half of the year,23.15 million