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

  Home>News Center>China
       
 

China falling victim to trade protectionism
(Xinhua)
Updated: 2005-10-31 07:05

China became one of the major victims of trade protectionism in the past nine months or so, suffering from a wide range of trade barriers including anti-dumping, safeguard measures, subsidies and countervailing measures and special safeguard measures.

According to the China's Foreign Trade Report (fall, 2005) released on Friday by the Ministry of Commerce, in the first three quarters of this year, China incurred trade frictions involving 8.9 billion US dollars, a growth of more than 700 percent over the year-earlier level.

"The situation will likely remain unchanged in 2006, as China's trade surplus will hit 90 billion US dollars for the whole year and some major economies continued to pursue trade protectionism policy, using 'high unemployment ratio' as an excuse," said Li Rongcan, deputy head of the planning and finance department of the commerce ministry.

Other experts noted that amid the rampant increment in trade frictions, focus of conflicts shifted gradually from trade in goods to China's exchange rate and taxation policies and economic structure.

"Though domestic demand waned and imports somehow slackened accordingly, due largely to macro economic control, in the first half of the year, it is totally wrong to consider the Chinese Government stepped in foreign trade with administrative instruments," said Li Yushi, vice president of the Research Institute of International Trade and Economic Cooperation.

He held, "China is not in pursuit of trade surplus, nor implementing the so-called 'mercantilism'. On the contrary, the continuous growth in trade surplus has become one of major concerns of the Chinese Government, as it helped increase the nation's foreign exchange reserve to 760 billion US dollars, which has begun to affect the national economy."

Many economists attributed the fast growth in China's external trade mainly to rapid global economic growth and robust demand on the world market.

"By contrast, China's domestic market was oversupplied generally, compelling traders to turn to international markets and thus boosting export," Li Yushi said.

Another factor behind the fast growth in exports lied in manufacturing capabilities accumulated by more foreign direct investment over the past few years, Li pointed out.

Take the textile sector. Latest survey showed that some US textile businesses pumped scores of millions US dollars into China, and most of their products were sold to international markets, according to Cao Xinyu, vice chairman of China chamber of commerce for textile import and export.

"Though the prospect of Sino-US textile trade remains unclear, there is no evidence that these businesses will stop expanding production," Cao said.

In sharp contrast with fast export growth, import suffered an unusual drastic decline in China.

Li said, "This was largely because of decreasing arrivals of raw materials and equipment, particularly equipment imported by foreign investors as form of investment, which went down 11.7 percent year-on-year in the first nine months."

Nonetheless, China's macro economic control measures have been gradually absorbed by the domestic market, demand at home will likely gain ground.

Customs sources said that in September China's import volume rose 23.5 percent over the same month of last year to 62.6 billion US dollars, while the export volume climbed up 25.9 percent to 70.2 billion US dollars, slower than the 32.1 percent growth in August. The trade surplus adjusted downward from the 10 billion dollars in August and 10.5 billion dollars in July to 7.6 billion dollars in September.

"Currently, import is totally businesses' activity. There has been almost no room for the Government to intervene by administrative means after China entered the World Trade Organization. Along with a recovery in investment at home, China's trade surplus in 2006 will probably be lower than the estimated 90 billion US dollars for the current year," Li Yushi said.



Miss Chinese Cosmos 2005
China controls outbreak of bird flu
President Hu arrives in Pyongyang for visit
  Today's Top News     Top China News
 

President Hu ends fruitful visit to Pyongyang

 

   
 

Local authorities step up war against bird flu

 

   
 

Kashmir militants claim Delhi blasts

 

   
 

China falling victim to trade protectionism

 

   
 

World's oldest observatories found in China

 

   
 

HIV insurance debuts in Henan Province

 

   
  President Hu's Pyongyang visit successful
   
  Beijing takes anti-flu steps in fowl markets
   
  President Hu complets 3-day Pyongyang visit
   
  Bird flu threat puts Yunnan on alert
   
  China major victim of trade protectionism
   
  Forbes to publicize new China rich list
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产精品亚洲精品日韩己满十八小 | 免费中文字幕一级毛片 | 日韩免费高清一级毛片 | 1024在线观看免费播放 | 91精品视频免费在线观看 | 色综合图 | 一级做人爰a全过程免费视频 | 手机看片日韩 | 亚洲欧美日韩闷骚影院 | 国产女人的一级毛片视频 | 久久99亚洲精品一区二区 | www亚洲成人 | 久草福利社| 国产精品lululu在线观看 | 欧美区一区 | 爽爽影院色黄网站在线观看 | 国产一区日韩二区欧美三区 | 成人看片毛片免费播放器 | 国产精品永久免费 | 中文字幕欧美日韩在线不卡 | 91高清免费视频 | 亚洲 另类 在线 欧美 制服 | 国产片在线 | 亚洲精品久久久久久久网站 | 女人被狂躁免费视频 | 亚洲一区二区欧美日韩 | 国产情侣真实露脸在线最新 | 日本特黄的免费大片视频 | 亚洲精品国产理论电影网 | 中文字幕日本精品一区二区三区 | 麻豆视频观看 | 国产精品视频久久 | 亚洲品质自拍视频 | 男人你懂的在线观看视频 | 国产精品极品美女自在线看免费一区二区 | 亚洲欧美色综合一区二区在线 | 日韩在线视频网 | 手机在线国产视频 | 亚洲成网站www久久九 | 又爽又黄又无遮挡的视频美女软件 | 日本黄色录像视频 |