According to a recent survey report from the China Entrepreneur Survey System, part of the Development Research Center of the State Council, the international economic environment is gradually improving, which has led to a noticeable recovery in the export performance of Chinese enterprises during the first quarter. The volume of exported products saw a moderate rebound compared to the same period last year. Specifically, 54.3% of companies reported an increase in their export volumes, with 8.7% experiencing significant growth and 45.6% seeing only a small rise. Notably, sectors such as pharmaceuticals, plastics, and automotive industries witnessed particularly strong export growth, with the number of companies reporting growth exceeding those reporting declines by more than 50 percentage points.
In addition to the rebound in export volumes, export prices also rose slightly. According to the survey, 28% of companies observed an increase in their product export prices year-on-year, while 52.7% reported stable prices. This marks a significant improvement compared to the previous quarter, with the percentage of companies experiencing price increases rising by 8.7 percentage points, and the decline rate dropping by 64.2 percentage points.
On the import side, the survey also showed a sharp rebound in the number of companies importing goods. In the first quarter, the number of enterprises engaged in imports increased by 32.9% compared to the same period last year. Among these, 49.9% reported stable import levels, while 17.2% experienced a decline. Industries like medicine, plastics, automobiles, and communication equipment saw a rise in import activity.
At the same time, import prices have also risen significantly. The survey found that 43.2% of companies reported higher prices for imported goods, while 47.8% noted stable prices, and 9% saw a decrease. Notably, price increases were most evident in sectors such as food, textiles, paper, pharmaceuticals, chemical fibers, rubber, and plastics.
Overall, the data reflects a positive trend in both exports and imports, indicating a stronger and more resilient business environment for Chinese enterprises.
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