subject: Positive Changes In China's Foreign Trade Situation, - China Wafer Butterfly Valve [print this page] 30, Chinese Ministry of Commerce promulgated the "China's foreign trade situation report" "report" that China's current import and export situation, the positive changes, subject to the base factors, after a few months of this year's foreign trade may be further narrowed or even decline slightly rebounded annual imports and exports is expected to decline is expected to narrow to 20%.
Sharp drop in the world economy and international market demand in a serious recession in 2009 the first three quarters China's foreign trade experienced unprecedented difficulties, but with the steady foreign demand, policy measures to achieve significant results, import and export of China's foreign trade has shown a gradual expansion of the scale, decrease in the second quarter year on year; bulk volume of imports of goods continued to increase, decrease imports of machinery and electronic products shrink; labor-intensive exports fell to a lesser extent, electrical and mechanical and high-tech exports downward trend slowed and so on.
Statistics show that the first three quarters, China's total imports and exports reached 1.5578 trillion U.S. dollars, down 20.9% over the same period the previous year. Which exports were 846.7 billion U.S. dollars, down 21.3%; imports of 711.2 billion U.S. dollars, down 20.4%. Sub-quarter view, one, two, three quarters, respectively import and export of 428.9 billion U.S. dollars, 517.9 billion U.S. dollars and 610.9 billion U.S. dollars, down 24.9% year on year, respectively, 22.1% and 16.7% respectively.
Into the three quarters, China's exports have more than 100 billion U.S. dollars for three consecutive months, in September reached 115.9 billion U.S. dollars, setting a single month this year, exports of high-year decline is also narrowed to 15.2%. The expansion of domestic demand, driven by such factors, in September imports reached 103 billion U.S. dollars, is the first time this year, more than 100 billion U.S. dollars, down 3.5% decline for the first time down to single digits. The first three quarters of foreign trade surplus 135.5 billion U.S. dollars, down 26%.
The report emphasized that despite the current world economic situation, the positive changes in the growing, but because of recovery is inadequate, and many deep-seated contradictions and problems yet to be fundamentally solved, the world's economic recovery will be difficulties and setbacks. Meanwhile, the major economies, the unemployment rate continued to climb, rising household savings rate in the international market can hardly be clearly recovered short-term demand, coupled with the growing trade protection, friction situation is very serious, China's foreign trade development is still faced with many uncertain and unstable factors.
The report analyzes that in 2010 China's foreign trade environment faced by the general to the good, but to fully assess the complexity of the situation, grim and uncertainty in maintaining the steady growth of foreign trade at the same time, change the mode of further development of foreign trade and promote China's healthy and stable development of foreign trade.
by: gaga
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