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

      Foreign trade growth slows in 2012

      2013-01-11 08:48 Xinhua     Web Editor: Mo Hong'e comment
      Zheng Yuesheng, director of the statistics department of the General Administration of Customs, addresses a press conference held by the Information Office of the State Council to introduce China's imports and exports in 2012, in Beijing, capital of China, Jan. 10, 2013. According to the latest statistics released by the General Administration of Customs, China's total foreign trade volume in 2012 reached more than 3.86 trillion U.S. dollars, growing by 6.2 percent year on year. The growth rate is 16.3 percentage points less than 2011. (Xinhua/Li Xin)

      Zheng Yuesheng, director of the statistics department of the General Administration of Customs, addresses a press conference held by the Information Office of the State Council to introduce China's imports and exports in 2012, in Beijing, capital of China, Jan. 10, 2013. According to the latest statistics released by the General Administration of Customs, China's total foreign trade volume in 2012 reached more than 3.86 trillion U.S. dollars, growing by 6.2 percent year on year. The growth rate is 16.3 percentage points less than 2011. (Xinhua/Li Xin)

      China's annual foreign trade growth missed the government's 10-percent target set for 2012 by rising only 6.2 percent from 2011, customs data showed Thursday.

      The country's export and import volume totaled 3.87 trillion U.S. dollars last year and the growth slowed sharply from the 22.5-percent rise registered in 2011, according to Zheng Yuesheng, spokesman for the General Administration of Customs.

      Exports rose 7.9 percent in 2012 from the previous year, while imports increased 4.3 percent year on year, Zheng said at a press conference.

      Foreign trade surplus widened to 231.1 billion U.S. dollars last year, 48.1 percent more than that in 2011.

      [Read more: China's trade surplus with US up 8.2 pct in 2012]

      Zheng said last year's trade performance came despite a deepening debt crisis in the eurozone, slowing global economic recovery, continuously sluggish demand and downward pressure for the domestic economy.

      The country's trade will be "slightly better" in 2013, he said.

      Trade with Europe, China's biggest trade partner, declined 3.7 percent year on year in 2012. Trade with the United States, which overtook Europe to become the biggest buyer of Chinese exports, expanded 8.5 percent from one year earlier.

      [Read more: China's trade with EU declined 3.7% in 2012]

      Trade between Japan and China last year sank 3.9 percent from 2011 as a result of tensions after Japan's "purchase" of part of the Diaoyu Islands. The country is now China's fifth-largest trade partner.

      In December, the value of Chinese exports gained 14.1 percent from one year earlier, up from November's unexpectedly weak 2.9-percent rise. The value of imports rose 6 percent year on year last month, improving from November, when there was no growth.

      The strong rebound in December trade may be a sign of higher-than-expected GDP growth for the fourth quarter of 2012, said Liu Ligang, an economist at ANZ National Bank Ltd.

      GDP data for the fourth quarter is due for release on Jan. 18.

      In the long run, foreign trade will no longer sustain China's growth as it used to, as the traditional advantages of demographic dividends and the initial impetus of China's accession to the World Trade Organization are fading away, Liu said.

      Liu Junyu, an analyst at China Merchants Bank, said the trade outlook for the first half of this year will remain dim, as the rebound in December was also a result of a lower comparative base from 2011 and improving orders following holiday shopping seasons in foreign countries.

      Net exports, which were once a main driver of China's economic expansion, shaved 0.4 percentage points off GDP growth in the third quarter.

      China's GDP rose 7.4 percent in the third quarter from one year earlier, slowing for seven consecutive quarters and marking the slowest growth in more than three years.

      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: 九九热久久免费视频| 亚洲午夜电影在线观看| 亚洲av无码专区青青草原| 你懂的网址免费国产| 久久精品亚洲男人的天堂| 无码免费又爽又高潮喷水的视频| 日韩免费无砖专区2020狼| 亚洲日本VA午夜在线电影| 天天摸天天碰成人免费视频| 亚洲午夜精品久久久久久app| 久久这里只有精品国产免费10| 亚洲熟女乱色一区二区三区| 宅男666在线永久免费观看| 九九精品国产亚洲AV日韩| 免费播放春色aⅴ视频| 一区二区三区在线免费观看视频 | 国产精品亚洲一区二区三区久久| 国产伦精品一区二区三区免费迷 | 久草视频在线免费看| 亚洲福利在线观看| 国产精品久久免费| 亚洲国产精品无码第一区二区三区| 国产一区二区三区在线免费观看 | 美女18一级毛片免费看| 国产亚洲情侣一区二区无码AV| 免费一级毛片无毒不卡| 亚洲国语在线视频手机在线| 影音先锋在线免费观看| 中美日韩在线网免费毛片视频| 久久亚洲精品国产精品黑人| 成人免费福利视频| 男女超爽视频免费播放| 久久久久亚洲AV成人无码网站| 免费人成网站在线观看10分钟| 猫咪www免费人成网站| 久久被窝电影亚洲爽爽爽| 日本免费网址大全在线观看| 午夜不卡AV免费| 亚洲成AV人片久久| 亚洲国产综合久久天堂| 99国产精品免费视频观看|