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May 17, 2022 Economic and Trade Consulting

2022-05-17


1.    China's total retail sales of consumer goods fell by 11.1% in April

The National Bureau of Statistics announced: The total retail sales of consumer goods in April was 2,948.3 billion yuan, down 11.1% year-on-year and 0.69% month-on-month; the manufacturing purchasing manager index was 47.4%, and the enterprise production and business activity expectation index was 53.3%; It rose by 8.0% year-on-year; the national consumer price rose by 2.1% year-on-year, an increase of 0.6 percentage points from the previous month.



2.    The SDR weight of RMB was raised to 12.28%

On the 16th, the Executive Board of the International Monetary Fund (IMF) unanimously decided to increase the weight of the RMB from 10.92% to 12.28%, an increase of 1.36 percentage points. It also announced that the composition of the existing SDR basket will remain unchanged, which is still composed of the US dollar, the euro, the Chinese yuan, the Japanese yen and the British pound.



3.    The list of the world's most popular cross-border e-commerce platforms announced

According to the latest 2022 cross-border e-commerce consumer survey released by the international postal company IPC, 55% of the world's cross-border online shopping comes from Amazon, AliExpress and eBay e-commerce platforms. Amazon is the most popular cross-border e-commerce platform with a 26% share, followed by Alibaba (19%), eBay (10%) and others.



4.    The container throughput of Ningbo Zhoushan Port achieved a historical breakthrough

According to data from the Zhejiang Provincial Port and Shipping Management Center, the container throughput of Ningbo Zhoushan Port in April was 3.032 million TEUs, achieving a monthly historical breakthrough with a year-on-year increase of 11.8%. At the same time, the port focuses on supervising the implementation of the pilotage (mooring) fee reduction policy, and investigates and punishes illegal acts such as price gouging in accordance with the law.
 

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