Mofcom: Positive changes in China's foreign trade situation

BEIJING, October 30 (Xinhua) China's Ministry of Commerce 30th issued the "China Foreign Trade Situation Report", the report said that the current China's import and export situation has been positive changes, by the base factor, the next few months after the decline in foreign trade may be further narrowed or even a small rebound, is expected to narrow the annual　　Within。 As the world economy has fallen sharply, the international market demand is severely shrinking, 2009 years ago in the three quarter of China's foreign trade development encountered unprecedented difficulties, but with stability outside the need for various policy measures to achieve significant results, China's foreign trade showed a gradual expansion of the scale of imports and exports, year-on-year decline narrowed;　　The decline of the import of mechanical and electrical products is reduced, the export of labor-intensive products is lighter, and the export of electromechanical and High-tech products slows down. China's total imports and exports reached $1.5578 trillion trillion in the first three quarters, down 20.9% from a year earlier, according to statistics. Exports of 846.7 billion U.S. dollars, down 21.3%, import 711.2 billion U.S. dollars, down 20.4%.　　Quarterly, the first, two or three-quarter imports and exports of 428.9 billion U.S. dollars, 517.9 billion U.S. dollars and 610.9 billion U.S. dollars, respectively, the year-on-year decline of 24.9%, 22.1% and 16.7%. Since entering the three quarter, China's exports have been three months in a row for more than 100 billion U.S. dollars, the September reached 115.9 billion U.S. dollars, a single month since the year's export record, the year-on-year decline also narrowed to 15.2%. Driven by the expansion of domestic demand, imports reached $103 billion trillion in September, the first time this year has seen more than 100 billion dollars, down 3.5%, down to single-digit numbers for the first time.　　The first three quarters of the foreign trade surplus of 135.5 billion U.S. dollars, year-on-year decline of 26%. The report stresses that despite the increasing positive changes in the current world economic situation, the recovery of the world economy will be tortuous and arduous due to the lack of dynamic recovery and many deep-seated contradictions and problems that have not been fundamentally resolved.　　At the same time, the unemployment rate of major economies continues to rise, the resident saving ratio is rising, the international market demand is difficult to recover in the short term, and the trade protection intensifies, the friction situation is very grim, China's foreign trade development still faces many uncertain and unstable factors. The report analyses that the environment of China's foreign Trade Development in the 2010 is generally good, but to fully estimate the complexity, severity and uncertainty of the situation, while maintaining the steady growth of foreign trade, we will further promote the development of foreign trade and promote the healthy and stable development of China's foreign trade.