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    Ministry Of Commerce: China'S Foreign Trade Growth Or Fall This Year, Domestic Demand Continues To Increase.

    2011/8/25 10:24:00 30

    Foreign Trade Growth And Domestic Demand Increase

    In response to the trend of China's foreign trade in the second half of the year, Vice Minister of Commerce of China

    Jiang Yao Ping

    23, said here that China's foreign trade will continue to grow steadily this year, but compared with last year,

    Speed up

    May be slightly

    Fall back


    In a press conference with China's foreign trade, Jiang Yaoping said that this year, the world economy is facing "troubled times", the lack of independent growth power and the sovereign debt crisis.

    spread

    Global

    inflation

    Pressure increases and other problems, so that the momentum of recovery has weakened, these factors on China's import and export impact is relatively large.


    According to customs statistics, in the 1-7 months of this year, China's imports and exports amounted to 2 trillion and 22 billion 550 million US dollars, an increase of 25.1%.

    Of which, exports of US $1 trillion and 49 billion 380 million, an increase of 23.4%, and imports of US $973 billion 170 million, an increase of 26.9%.


    Jiang Yaoping also said that China's domestic demand is increasing.

    With the support of the expansion of import policy and the rise of commodity prices in the international market, import growth is expected to be faster than exports this year, and the trade balance will be further improved.


     

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