三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Policy pays off in stabilizing trade

By Zhong Nan and Ren Xiaojin | China Daily | Updated: 2019-05-09 07:32
Share
Share - WeChat
Containers carrying goods for export are seen in Qingdao Port, East China's Shandong province, on Oct 19, 2018. [Photo/VCG]

China's total foreign trade rose 4.3 percent year-on-year to 9.51 trillion yuan ($1.41 trillion) in the first four months of the year, showing that the policy of ensuring steady growth of imports and exports has helped stabilize the sector, experts said on Wednesday.

Exports surged 5.7 percent year-on-year to 5.06 trillion yuan, while imports rose 2.9 percent to 4.45 trillion yuan, the General Administration of Customs said on Wednesday.

The trade surplus rose by 31.8 percent to 618.17 billion yuan during the January-April period.

Though China's foreign trade still faces "challenging prospects" as a result of rising protectionism and weak demand this year, the country has significantly enhanced the competitiveness of its exports via technological innovation and increasing added value rather than relying on low cost products, said Li Jian, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, a think tank under the Ministry of Commerce.

The purchasing managers index, which reflects the vitality of the manufacturing sector, stood at 50.1 in April and 50.5 in March, indicating that business activity in the sector expanded for a second consecutive month, according to the National Bureau of Statistics.

In April alone, trade expanded by 6.5 percent to 2.51 trillion yuan. Exports grew 3.1 percent in yuan terms last month, while imports jumped 10.3 percent, customs data showed.

The trade surplus stood at 93.57 billion yuan in April, down 43.8 percent year-on-year.

Sang Baichuan, director of the Institute of International Economy at the University of International Business and Economics in Beijing, said the fluctuation in exports was caused by a number of factors including seasonality issues and tax reforms.

"The Spring Festival in 2019 was around the same date as in 2011 and 2016. Both 2011 and 2016 produced similar situations as export volume was high in January and March, but low in February," Sang said. "Exports could have been advanced or delayed in February."

He added that the new value-added tax policy took effect in April, and many companies decided to export before April to save on costs.

Liu Yaxin, an analyst at China Merchants Securities, said that apart from domestic economic factors, another reason that imports far exceeded expectations was partially due to soaring imports of crude oil.

China's imports of crude oil and natural gas in the first four months jumped 8.9 percent and 16.4 percent, respectively. The country purchased 340 million metric tons of iron ore during the period.

Trade volume between China and the European Union jumped 11.8 percent, that with ASEAN rose 9 percent, and trade with Japan was 2.1 percent higher year-on-year in the first four months.

China's January-April trade with economies related to the Belt and Road Initiative climbed 9.1 percent year-on-year to 2.73 trillion yuan.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 特级毛片aaa免费版 特级毛片a级毛免费播放 | wwww国产| 婷婷情 | aaa一级黄色片 | 中文字幕一区二区精品区 | 性殴美 | 99re6久精品国产首页 | 欧美成人手机在线视频 | 一区二区三区免费视频观看 | 日韩一区二区免费看 | 亚洲欧美中文字幕高清在线一 | 国产高清在线精品一区 | 免费jizz在线播放视频高清版 | 婷婷视频在线 | 狠狠色噜噜狠狠狠狠狠色综合久久 | 婷婷激情网站 | 黄色片在线免费看 | 日本二区在线观看 | 国产亚洲精品片a77777 | 免费黄色在线 | 精品综合久久久久久98 | 日韩亚洲一区二区三区 | 国产亚洲99影院 | 日本一级毛片视频网站 | 正在播真实出轨炮对白 | 国产一级特黄毛片 | 久久99精品久久久久久欧洲站 | 亚洲午夜久久久精品影院视色 | 久草在线观看福利 | 久久久久久久久a免费 | 成年人黄视频 | 国产网站麻豆精品视频 | 亚洲国产一区二区三区四区五区 | 加勒比色老久久爱综合网 | 九九天天影视 | 日韩高清一区二区三区不卡 | 黄色在线视频网址 | 亚洲精品国产第一区第二区国 | 之后3在线观看完整免费酷客 | 精品三级三级三级三级三级 | 全部毛片|