In Taiwan's data, the mainland and Hong Kong account for 39%
Author:Global Times Time:2022.08.09
On the 8th, the latest data from Taiwan competent departments showed that if it did not rely on huge trade surplus support from the mainland and Hong Kong, the Taiwan Trade would have a huge deficit in the first seven months of this year.
On the 8th, the latest data released by the Taiwan competent department showed that in the first seven months of this year, the total import and export of Taiwan was about 547.4 billion US dollars. As a typical export -oriented economy, Taiwan exported a total of 289.97 billion US dollars in the first seven months of this year, with a trade surplus of US $ 32.72 billion. Among them, Taiwan's exports to mainland and Hong Kong reached 113.1 billion US dollars, accounting for 39%.
The trade surplus directly affects the performance of GDP and has a more obvious impact on export -dependent economy like Taiwan. Related data show that in the first seven months of this year, Taiwan's trade surplus to mainland China and Hong Kong was US $ 60.278 billion, which means that if it is not a trade surplus brought by the mainland and Hong Kong for Taiwan, nearly 285 will occur in the first 7 months of this year this year. A trade deficit of 100 million US dollars.
The data listed by the Global Times reporter from the news released by the competent department of Taiwan found that in the past ten years, Taiwan has maintained a trade surplus, and its contribution mainly comes from the mainland and Hong Kong. If there is no surplus support from the mainland and Hong Kong, Taiwan will maintain a deficit since 2012, and the scale will be huge. Taking 2021 as an example, Taiwan ’s annual trade surplus was US $ 64.885 billion, while the contribution of mainland and Hong Kong was US $ 104.698 billion. If this data is deducted, Taiwan's annual trade deficit is as high as US $ 39.8 billion.
According to the past data of the Taiwan economic department, the proportion of exports in Taiwan ’s GDP has increased year by year, and it has always been an important driving force for Taiwan’ s GDP growth, which plays an important role in the huge trade surplus of the mainland and Hong Kong. Taking the data in the first quarter of 2022 as an example, Taiwan's GDP increased by 3.91%, and 3.88 of them came from commodity and labor exports. According to Tang Yonghong, deputy director of the Taiwan Research Center of Xiamen University, in 2020 at the global outbreak of the new crown pneumonia, the contribution rate of exports to Taiwan's economic growth is as high as 88%. Essence
On August 3, the relevant mainland departments, in accordance with the relevant regulations on import and export, as well as food safety requirements and standards, were citrus, lemon, orange and other citrus fruits such as grapefruit, iced leucorrhea, frozen bamboo pods, and frozen bamboo pods from Taiwan to the mainland. The fish takes the suspension of input measures. At the same time, the mainland decided to suspend the export of natural sand pairs.
According to Taiwan media reports, Cai Mina, a relevant person in charge of the financial statistics department in charge of Taiwan, released the data on the 8th. I may be a seven -injury boxing. "
However, Tang Yonghong said in an interview with the Global Times reporter on the 9th that the high dependence of the Taiwan economy to the mainland is an objective fact. In this regard, some people in Taiwan are actually known, but they use this as a term. Multiple economic punishment measures.
Bloomberg reported on the 9th's point of view of an economist in Citi Group that, in view of the unpredictable geopolitical situation, except for the above products that have been suspended in input measures, other products that are still enjoying zero tariffs to the mainland currently enjoy zero tariffs to the mainland. It also faces risks.
Global Times-Global Network Reporter Ni Hao
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