China's foreign trade pressure to increase exports this year before the high and low

Source: Internet
Author: User
Keywords China China
Tags credit demand economic economic recovery economic situation export exports external
BEIJING, April 26 (Xinhua) China's Deputy Minister of Commerce, Mr. Zhong Shan, said here today that the pressure on Chinese foreign trade is increasing and that external demand is still a prominent issue, and this year exports will show "before the high and low" trend. In the National Export Credit Insurance Conference, Mr. Zhong said that since 2010, the world economic situation has improved, external demand for a recovery momentum, China's foreign trade began to resume growth.  However, "the prospects for foreign trade recovery must not be too optimistic", not only to see the complexity of the situation, but also to see the arduous nature of the work. He stressed that the world economic recovery is not solid foundation, China's foreign trade operation still has many variables.  During the year, export costs continued to rise rapidly, export profit margins will be further narrowed, trade friction situation is more serious, various forms of trade protectionism, export competition will be more intense. Mr. Zhong said China will strive to stabilize the development of foreign trade, maintain a stable recovery in foreign trade and continue to consolidate its position as a major trading power.  He also said that the official will maintain the basic stability of foreign trade policy, for this year's sustained and stable development of foreign trade to create a more relaxed and convenient policy environment.  Ministry of Commerce spokesman Yao Jian said earlier this month that China wants to years exports back to pre-crisis levels through a period of time. According to customs statistics, in January-March, China's import and export value of 617.85 billion U.S. dollars, an increase of 44.1%, the trade surplus of 14.49 billion U.S. dollars, the year-on-year decline of 76.7%.  Among them, the month of March a deficit of 7.24 billion U.S. dollars, ending the 70-month surplus since May 2004 situation. According to the Ministry of Commerce preliminary estimates, China's trade surplus this year will be reduced by 100 billion U.S. dollars last year on the basis of a further reduction of 100 billion U.S. dollars.
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