The Fundamentals Of China'S Long-Term Economic Development Have Not Changed.

Global economic recovery is sluggish, international market demand is low, uncertainties are increasing, and is still in the deep adjustment period since the international financial crisis.

At present, about 1/3 of China's import and export is realized through processing trade, that is, "two ends are outside", mainly depending on the change of demand in the international market.

China's processing trade imports have declined for the 19 consecutive month, with an average decline of more than 10%, due to the long-term weakness of the international market demand.

An important factor in growth.

"The fundamentals of China's long-term economic development have not changed, and the complementary advantages of developed countries and developing countries have not changed. The trend of accelerating the pformation of foreign trade structural adjustment has not changed."

The Ministry of Commerce said.

The World Trade Organization (WTO) recently released the trade outlook report, which will reduce the growth rate of global merchandise trade volume in 2016 from 2.8% in April to 1.7%. This is due to the slowdown in economic and trade growth in developing economies such as China and Brazil and the decline in North American imports.

The Ministry of Commerce pointed out that China has been driving the world since the financial crisis.

It has always been a positive contributor to the revival of international trade.

According to IMF, as the world's second largest economy, China's contribution to global economic growth is more than 25% every year from 2009 to 2015.

In recent years, China has relied on Reform for a relatively high development base, in a severe and complicated international environment and in the long run of deep contradictions in China.

The economy has maintained rapid growth, and its structure has been quickening pformation and upgrading.

In the first half of 2016, China's economy grew by 6.7%, ranking among the leading economies in the world.

"China's foreign trade growth has slowed down in recent years due to factors such as sluggish external demand and weakening traditional competitive advantages, but it is still better than the major economies in the world."

A spokesman for the Ministry of Commerce said that in terms of trade volume, China's exports accounted for 13.8% of the world's share in 2015.

In the first 8 months of 2016, the cumulative decline in China's foreign trade imports and exports narrowed for 6 consecutive months, showing a trend of stabilization.

Judging from the volume of trade, WTO statistics show that global export volume and import volume increased by 0.7% and 0.2% respectively in the first half of 2016.

Over the same period, China's export volume and import volume increased by 0.6% and 3% respectively, which is generally better than the global average.

As a big world trade country, in recent years, China has implemented a positive import policy and expanded its domestic market opening. It not only meets the domestic economic growth and consumption demand, but also makes important contributions to the stability of the international commodity market and the volume of Global trade.