China'S Trade To US Exports Slowed Down In February
China's trade surplus reached $8560000000 in February, ten, according to the General Administration of customs.
This figure is much lower than the US $19490000000 in January.
In that month, China's total exports amounted to US $87370000000, up six point five percent from the same period last year, which is significantly lower than the twenty-six point seven percent growth rate in January.
According to industry analysis, the slowdown in export growth in February was mainly affected by Spring Festival holidays, rain and snow disasters, and so on.
From the data, the slowdown in the US economy has already had some impact on China's exports to the US.
In February, China exported $15480000000 to the US, an increase of only zero point four percent.
In January, China exported $19160000000 to the US, with a growth rate of five point four percent.
Two in 00 and seven years, China's exports to the United States increased by fourteen point four percent.
Ma Xiuhong, Vice Minister of Commerce, said recently in the "two sessions" that the US subprime mortgage crisis will have an impact on China's exports to the US.
She also predicted that under the influence of the subprime crisis, China's trade surplus will decrease this year.
Compared with exports, China's imports grew faster in February.
Imports of US $78810000000 in that month increased by thirty-five point one percent over the same period last year.
In January, the import growth rate was twenty-seven point six percent.
A series of measures taken by the authorities since last year to encourage imports have further shown signs of success.
Ma Xiuhong said that the Ministry of Commerce will actively expand imports this year, especially for some products that are urgently needed in China, and expand imports to promote equipment, technology and raw materials for improving the quality of domestic enterprises.
- Related reading
EU'S Desire To Extend The Anti-Dumping Duty Period Of Chinese Leather Shoes
|- Shoe Market | Air Force 1, City Color Matching "What The NYC" Shoes Preemptive Preview
- Bullshit | Different Designs Of Ma Haimao'S Blouses On The Top Of The Shirt.
- I want to break the news. | Creative Group "Sued" Hard Core Us Tide Off-White Trademark Infringement Has Exposed A New LOGO Design.
- Fashion Bulletin | German Famous Shoe Shop Asphaltgold Shoes Appreciate
- Fashion shoes | Philippine Dong X Joint NMD Hu Shoes "Look Within" Orange Red Version Debut
- I want to break the news. | Bulgarian Designer Kiko Kostadinov Photo Series Debut
- Shoe Express | Vans X HAVEN 2019 Combined Shoes Series Comes Out, Highlighting Military Style.
- DIY life | HUMAN MADE X Verdy Jointly Published "Harajuku Day Festival" Series
- Shoe Market | New Brun X Slam Jam Joint 990V3 Shoes To Open Pre-Sale, Only 89 Pairs.
- Bullshit | Champion X Dr. Seuss 2019 Joint Capsule Series Released, Full Of Children'S Fun.
- Photo: Figure Women Wear Liang Shunv
- Wenzhou Shoe Enterprises Adjust Prices To Deal With EU
- Cao Baoming: "Culture" Can Be An Important Carrier Of Jilin Spirit.
- GPS Sports Shoes Will Be Available To Contact International Satellites.
- Zhuo Yong Shoe Material Company Xie Zhizhuo: Standing On The Tip Of The Market.
- Jessica Hsuan Attended ECCO Spring Summer New Product Release (Map)
- Shenyang International Shoe City Opens The Curtain
- Cloth Shoes Can Also Keep Up With Fashion.
- Ding Shizhong: Innovation Is The Life Of An Enterprise. The Strategic Direction Of The Government Is Very Clear.
- Slope Heels And Fish Mouth Shoes Set Off A Sales Boom.