1. LINE

      Text:AAAPrint
      Economy

      China chases new competitive edge in trade

      1
      2015-05-12 16:05Xinhua Editor: Gu Liping

      China announced Tuesday that it is pursuing a new competitive edge in foreign trade through high-tech and high-added-value exports.

      The State Council, China's cabinet, vowed to encourage high-tech, services and capital exports to offset the increasingly feeble goods trade and create advantages in technology and brands to replace low-cost goods, according to an announcement published on the website of the central government.

      The resolution was made only a few days after new customs data showed more pressure on foreign trade. April's exports and imports dropped 6.2 percent and 16.2 percent from a year ago, respectively.

      The country's exports, which were an economic driver during the past decade, have lost their luster amid the economic downturn due to rising production costs, shrinking global demand and competition from other emerging economies.

      As part of China's overall economic overhaul, exports are being reoriented toward quality and technology rather than cheap products.

      In the announcement, China said it will improve cooperation with countries involved in the Belt and Road Initiative, an ambitious proposal to revive ancient trade routes linking China to central and southeast Asia as well as Europe and Africa.

      The country plans to boost high-tech equipment exports to those regions to aid infrastructure construction and encourage tech-savvy enterprises in nuclear power, electricity, railways, engineering and automobiles to increase overseas investment.

      China also plans to raise the proportion of total exports to emerging markets in Latin America and Africa as the demand from developed economies, including the United States, Europe and Japan, has waned.

      The government aims to achieve real progress in fostering these new strengths by 2020.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 国产精品无码亚洲精品2021| 亚洲丰满熟女一区二区v| 久久亚洲精品无码av| 无码人妻精品一二三区免费| 亚洲无砖砖区免费| 久久WWW免费人成一看片| 久久国产亚洲高清观看| 97在线视频免费播放| 久久亚洲AV无码精品色午夜麻豆| 国产婷婷成人久久Av免费高清| 亚洲精品~无码抽插| 免费国产99久久久香蕉| 久久亚洲私人国产精品| 国产在线jyzzjyzz免费麻豆 | 亚洲国产成人久久三区| 最近新韩国日本免费观看| 亚洲天堂福利视频| 成人a视频片在线观看免费| 亚洲av永久无码一区二区三区| 日韩免费视频在线观看| 麻豆一区二区三区蜜桃免费| 国产成人综合亚洲AV第一页 | 人妻免费久久久久久久了| 久久久久亚洲精品男人的天堂| 国产在线精品观看免费观看| 亚洲国产精品无码成人片久久| 无码人妻AV免费一区二区三区| 亚洲福利电影在线观看| 午夜精品在线免费观看| 一区二区三区免费视频播放器| 亚洲AV一宅男色影视| 国产免费的野战视频| 亚洲AV无码AV吞精久久| 国产综合亚洲专区在线| 59pao成国产成视频永久免费| 亚洲日韩一中文字暮| 精品国产亚洲一区二区在线观看 | 国产精品亚洲综合一区在线观看| 久久亚洲国产精品123区| 99视频有精品视频免费观看| 亚洲精品第一国产综合亚AV|