China's port throughput of foreign trade growth in the first six years of negative current quarter

By the macroeconomic impact of commodity imports weak in the first half port transportation and production growth continued to fall. Ministry of Transport statistics show that in the first half, above-scale port cargo throughput (the port) 5.67075 billion tons, an increase of 2.6%. First half of the foreign trade port throughput fell by 0.6%, which is from the first half of 2009 to the first quarter of negative growth now, particularly iron ore, coal imports have experienced negative growth. Dragged down by weak imports, the growth rate fell significantly in the first half the coastal port cargo throughput growth of only 1.6%.

By weaker external demand, the impact of unfavorable factors and other domestic economic restructuring, China's economic growth continued to decline in the first half, particularly investment fell, the industrial added value slowed, demand for commodities is formed greater pressure to make further port transport production growth rate slowing, and far below the GDP7% growth rate, indicating that the economic restructuring of port production influence increased.

A quarter cargo throughput increased by only 2.2%, which is the lowest growth rate since 2009. Followed by steady growth overweight country, issued a number of key investment projects, port transportation and production began to heat up in the first half growth picked up to 2.6% level, compared with 5.6 percent growth over the same period last year, the growth rate decreased rapidly in the first half of this year the port .

By sluggish growth of fixed investment, especially real estate investment growth rate of decline, the domestic demand for imported commodities slowed down, coupled with the domestic coal price concessions on imports, foreign trade port throughput rapid decline in the first half, the growth rate was negative 0.6%, is the first time since 2009 quarters of negative growth. According to Customs statistics, in the first half, China imported 453 million tons of iron ore, coal, 99.87 million tons, compared with last year fell 0.9% and 38%, respectively, of two kinds of goods fell sharply direct result of foreign trade throughput is negative. "Crude oil imports in the first half reached 163.37 million tons, representing an increase of 7.5% last year, is the only rapid growth of cargo types, otherwise, foreign trade throughput decline is also large." Chen Yi expressed.

Customs data show that in the first half, China's general trade import and export 6.38 trillion yuan, down 6.3%. Among them, the general trade export growth of 6.3%. Boosted by the export trade, the port container throughput has been growing steadily in the first half growth rate reached 6.1 percent, the growth rate was flat with last year as a whole, which in May container throughput has nearly 18 million TEU, a new record high. In the next export season, breaking the mark integer is close at hand.

Experts said that the second half of the negative factors affecting import demand still exists, and iron ore, coal growth peak has ended, foreign trade throughput is expected in the second half is likely to continue to maintain negative growth. In addition, the second half of the port container throughput likely to fall further.