China's imports and exports increased 17 year ago the top experts believe that the recovery period

Source: Internet
Author: User
Keywords China decline import and export China first month
Tags agency customs export export value export volume exports import import and export
China News agency, Nanjing, February 11 (Liu Yang Tang Juan) The customs released today's statistics show: the first month of the tiger, the Chinese foreign trade exports "Tiger Tiger", Foreign trade import and export value of 204.782 billion U.S. dollars, an increase of 44.4%. For China's highest growth since 1993.  But the chain is still in the two-digit decline, imports and exports down 15.7% year-on-year. In the mainland's major foreign trade provinces, the first month of the new Year, the highest import and export volume of Guangdong, up to 48.86 billion U.S. dollars, followed by Jiangsu, Shanghai and Zhejiang.  But the best performance for Jiangsu, import and export total of 32.57 billion U.S. dollars, an increase of 53.4%, of which imports year-on-year growth of 30.3%, export growth of 102.9%, not only year-on-year increase than other major coastal provinces and cities, and the chain decline is much smaller than in Guangdong and Shanghai. According to Customs analysis: "By the international financial crisis and the Spring Festival factors, the double impact of the same period last year, import and export plummeted, the comparison base is small, resulting in January this year import and export year-on-year growth." "The strong rebound in foreign trade in the first month of the Chinese New Year has left the industry in the doldrums, thinking the worst of the mainland export sector is over." But the two-digit decline in imports and exports to the cautious side worried that the foreign trade situation has not stabilized, is still in recovery period. "The overall recovery in China's exports will take some time, thanks to the slow recovery in global consumption and escalating trade tensions," he said.  Customs analysts say. Statistics show that January, the EU as China's largest trading partner, followed by the United States, ASEAN overtook Japan to become China's third largest trading partner.
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