1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Trade growth falls short of 10 pct target

      2013-01-11 08:18 China Daily     Web Editor: qindexing comment

      6.2 percent achieved in difficult circumstances: customs official

      "Negative factors," led by eurozone woes, were responsible for the trade target being missed, said a spokesman for the General Administration of Customs on Thursday.

      Although there has been some recent recovery in both inbound and outbound shipments, the general situation facing exporters remains severe, Zheng Yuesheng warned.

      Zheng described 2012 as "a really hard year''.

      China's foreign trade grew 6.2 percent year-on-year to $3.86 trillion, lower than the 10 percent target set by Premier Wen Jiabao at the beginning of the year. Exports rose by 7.9 percent to $2.05 trillion, compared with a 20.3 percent jump in 2011. Imports gained 4.3 percent to $1.82 trillion, down from 24.9 percent growth the previous year.

      According to the customs website, China's trade declined by 3.7 percent with the EU and by 3.9 percent with Japan. However, it registered an increase of 8.5 percent with the US. Exports and imports recorded their lowest growth figures in the past decade, with exception of 2009, the year after the Wall Street meltdown.

      While being candid about the gap between trade and the target, Zheng pointed out trade growth in 2012 was earned the hard way — against a backdrop of weak global demand and downward pressure at home.

      "China has outperformed many other economies in trade growth," Zheng said, citing figures showing that from January to October, Japan's foreign trade grew by just 1.1 percent, the EU's went down by 2.1 percent, and the US trade grew by 4.2 percent.

      China's GDP growth slowed to 7.4 percent in the first three quarters of 2012.

      Zheng attributed single-digit trade growth to decreasing orders from overseas, rising operation costs at home, and looming protectionism among trade partners.

      Chen Hufei, a researcher with Bank of Communications, noted that there was also a silver lining — greater competitiveness among manufacturers.

      China's foreign trade with the Association of Southeast Asian Nations gained by 10.2 percent and with Russia it jumped by 11.2 percent year-on-year.

      Last September, China announced a series measures concerning tax rebates, credit insurance and financing to boost exports.

      December's growth

      "We expect this year's foreign trade to be better, although negative factors will still be there," Zheng said.

      In December, Chinese exports showed a strong rebound, gaining by 14.1 percent from a year earlier. This was the highest rise in seven months, far outdoing November's 2.9 percent.

      Imports increased by 6 percent year-on-year in December.

      "We expect that exports from BRICS nations (Brazil, Russia, India, China and South Africa), led by China, will see a rebound in 2013 even though the global economic recovery remains weak," Chen said.

      Remaining doubt

      Economists doubted December's hike in trade records would be sustainable as global demand continues to be weak.

      "The general picture is not positive, as many fundamentals have not improved much," said Zhang Yansheng, secretary-general of the National Development and Reform Commission's academic committee.

      The slowdown in growth will force Chinese manufacturers to continue to enhance their competitiveness, he said.

      In Zhejiang province, a hub of entrepreneurship, companies are continuing to complain about the lack of orders and profit losses.

      Zhang Rui, proprietor of Chuangsi Optical Spectacles Ltd in Wenzhou, a city in Zhejiang, said his profit went down by 20 percent in 2012 and still shows no sign of recovery.

      Yao Jian, spokesperson of the Ministry of Commerce, said at the sidelines of the recent Commerce Work Conference held in Beijing that as the global situation this year remain severe, foreign trade will hardly see a quick recovery.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 99xxoo视频在线永久免费观看| 久久久亚洲精品视频| 亚洲综合一区二区国产精品| 精品乱子伦一区二区三区高清免费播放 | 国产成人麻豆亚洲综合无码精品 | 中文字幕在线免费视频| 亚洲人成色77777在线观看大| 国产成人不卡亚洲精品91| 日韩黄色免费观看| 爱情岛亚洲论坛在线观看| 免费少妇a级毛片| 一级一级一级毛片免费毛片| 亚洲av无码天堂一区二区三区| 免费人成大片在线观看播放电影| 免费国产不卡午夜福在线| 久久美女网站免费| 91亚洲性爱在线视频| 丁香花在线观看免费观看| 亚洲人av高清无码| 免费a级毛片永久免费| 91精品免费不卡在线观看| 亚洲综合丁香婷婷六月香| 日韩免费三级电影| 欧洲精品99毛片免费高清观看| 狼人大香伊蕉国产WWW亚洲| 亚洲冬月枫中文字幕在线看| 亚洲人JIZZ日本人| 95免费观看体验区视频| 无人视频在线观看免费播放影院| 亚洲日本国产乱码va在线观看| 成人免费视频一区| 黄色视频在线免费观看| 亚洲欧美日韩中文字幕一区二区三区| 亚洲va国产va天堂va久久| 我的小后妈韩剧在线看免费高清版 | 99久在线国内在线播放免费观看 | 99久久免费国产精品特黄| 春暖花开亚洲性无区一区二区| 亚洲自偷自偷精品| 亚洲国产精品一区二区第一页| 亚洲电影免费观看|