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

Foreign trade growth on steady track

By ZHONG NAN | China Daily | Updated: 2024-12-11 09:06
Share
Share - WeChat
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY]

As global demand gains momentum, China's foreign trade is expected to maintain steady growth in the coming months, surpassing the usual seasonal fluctuations observed in previous years, trade experts and exporters said on Tuesday.

The resilience of China's foreign trade sector is supported by favorable global demand and ongoing policy adjustments, positioning it for sustained performance, they said.

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan ($5.5 trillion) in the January-November period, while exports rose 6.7 percent yearly to 23.04 trillion yuan, statistics from the General Administration of Customs showed.

Bai Ming, a member of the Academic Degree Committee at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said exports are expected to continue growing over the coming months due to higher overseas demand and foreign importers rushing to stock up in anticipation of potential tariffs by the United States next year.

China's exports grew by 5.8 percent on a yearly basis in November and its monthly foreign trade values have maintained growth for eight consecutive months, said the administration.

The nation's exports outperformed seasonal trends last month, primarily due to resilient overseas orders, a recovery in electronics demand, and some foreign retailers' increasing imports in advance to avoid the effects of tariffs, said Zhou Maohua, a researcher at China Everbright Bank.

Structurally, China has maintained growth in traditional markets such as the European Union and the US in the past 11 months, while exports to the Association of Southeast Asian Nations and economies participating in the Belt and Road Initiative, Africa and South America continued to show steady growth, said Zhou.

For example, China's foreign trade with the United States and economies involved in the BRI rose 4.2 percent and 6 percent year-on-year, respectively, in the first 11 months.

Lyu Daliang, director of the GAC's department of statistics and analysis, said that private businesses, as key players in technological and industrial innovation, will continue to inject fresh momentum into China's foreign trade growth in the long run.

In the first 11 months, over 150,000 private companies engaged in the foreign trade of high-tech products across China, with their total import and export value jumping 12.9 percent year-on-year, data from the GAC showed.

In the same period, China's exports of electromechanical products grew by 8.4 percent year-on-year to 13.7 trillion yuan, accounting for 59.5 percent of its total exports.

As the external situation is complex and changing, exporters said that they have already begun to expand into emerging markets to mitigate the risks caused by geopolitical tensions, as well as unilateral and protectionist moves.

For instance, tire exports by Chaoyang Longmarch Tyre Co Ltd, a Chaoyang, Liaoning province-based tire manufacturer, grew by 2.5 percent year-on-year to 1.87 billion yuan between January and November, while about half of its products were shipped to markets involved in the BRI, according to information released by Shenyang Customs.

"Emerging markets have a huge demand gap in industrial goods, building materials and energy equipment. With weak local manufacturing and high dependence on imports, these markets provide long-term and stable business opportunities for Chinese companies in these industries," said Jin Yongsheng, the company's board chairman.

Tao Cheng, president of Jiangsu Minglida Technology Co Ltd, an auto parts supplier based in Nantong, Jiangsu province, said that apart from increasing investment in research and development, the company has been actively expanding its customer base and targeting the Latin American markets to strengthen its supply chain.

Jiangsu Minglida's exports of automotive pallets and parts reached 129 million yuan during the January-November period, a year-on-year increase of 105 percent, said Nanjing Customs.

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: 嫩草视频在线观看视频播放 | 久久人体做爰大胆 | 老司机日日摸夜夜摸精品影院 | 国产二三区 | 色花堂网站| 久久久噜噜噜www成人网 | 免费人成黄页在线观看视频国产 | 久久777国产线看观看精品卜 | 久久久黄色大片 | 男女无遮挡边做边吃视频免费 | 伊人色婷婷综在合线亚洲 | 国产欧美成人一区二区三区 | 久草在线视频福利资源站 | 欧美激情一区二区 | 日韩一级黄色影片 | 黄色福利小视频 | 五月天婷婷一区二区三区久久 | 无码中文字幕乱在线观看 | 欧美视频一区二区三区 | 欧美一级毛片免费看视频 | 麻豆网站在线看 | 九九精品免视频国产成人 | 91短视频黄 | 国产成人h片视频在线观看 国产成人lu在线视频 | 看黄子片免费 | 国产成人性毛片aaww | 欧美一级成人一区二区三区 | 欧美一级做一级做片性十三 | 国产高清久久 | 欧美成人h版整片合集 | 国产欧美日韩在线不卡第一页 | 在线麻豆国产传媒60在线观看 | 亚洲短视频在线观看 | 黄色一级片在线播放 | 免费午夜不卡毛片 | 2021国产精品自拍 | 樱花aⅴ一区二区三区四区 樱花草在线社区www韩国 | 男女啪啪成人免费网站 | 日韩高清在线免费看 | 91短视频免费 | 国产精品久久精品福利网站 |