日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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

China expects full-year trade growth amid strong BRICS partnership

Xinhua | Updated: 2017-08-23 13:47
Share
Share - WeChat

A container ship docks at the Port of Ningbo, East China's Zhejiang province. [Photo/Xinhua]

BEIJING - China's foreign trade is likely to swing back to full-year growth in 2017 on back of strong first-half momentum and strengthened cooperation with trade partners.

Analysts believe a recovery in global demand and the upcoming BRICS summit will inject a boost to trade growth for the rest of the year.

China's foreign trade in the first seven months totaled 15.46 trillion yuan, up 18.5 percent year on year. The economy saw a 7 percent dip in foreign trade volume in 2015 and a 0.9 percent decline in 2016, due to sluggish overseas demand.

In the first seven months, exports increased 14.4 percent year on year, while imports rose 24 percent, resulting in a 14.5 percent decline in the trade surplus.

"As most of the world's major economies started to recover this year, clearly trade demand is improving," said Lian Ping, chief economist with the Bank of Communications.

In its flagship Global Economic Prospects report in June, the World Bank said it expected a recovery in global trade growth to 4 percent in 2017 after a post-crisis low of 2.5 percent last year.

Trade activities with its BRICS partners have particularly supported China's trade growth this year, as cooperation between the five developing countries are expanding at a strong pace.

Leaders of the five economies (Brazil, Russia, India, China and South Africa), which contributed more than half of global growth in 2016, will meet in China early next month for the 9th BRICS Summit.

Bai Guangyu, an expert with the Ministry of Commerce on foreign trade, said China's ongoing economic structural improvement had provided room for further trade and investment cooperation between BRICS members.

From January to July this year, China's trade volume with Brazil, Russia, India and South Africa jumped more than 20 percent year on year.

In Fujian, the southeastern Chinese province that will host the upcoming BRICS summit in a few weeks, trade with BRICS countries soared 67.7 percent to 49.42 billion yuan ($7.42 billion) in the first half.

At a meeting in Shanghai earlier this month, BRICS trade ministers reached agreement on a number of issues, including e-commerce cooperation, service trade plans, the need for policy transparency and improved efficiency.

South African Minister of Trade and Industry Rob Davies said he was impressed by the decision to enhance e-commerce cooperation and hoped that Chinese consumers could enjoy more special products from his country, such as grapefruit and red wine.

Thanks to ever-growing e-commerce cooperation and imports expansion, products from BRICS countries, such as Brazilian pine nuts, Russian candy and Indian handcrafts, are now only one click away for Chinese consumers.

BRICS trade officials also expressed interest in the China International Import Expo, an event that will start 2018 and increase foreign imports to China.

Looking ahead, despite uncertainties such as the growing protectionism that could pare trade growth for the rest of this year, economists are confident in the full-year picture.

With extensive trade cooperation with BRICS members and stable global economic growth, the recovering trend in China's foreign trade is likely to continue into the second half, and performance for the entire-year will be in much better condition than the previous two years, according to Bai.

 

Top
BACK TO THE TOP
English
Copyright 1994 - . 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: 久久五月激情 | 亚洲综合网站 | 鬼吹灯之天星术在线观看 | 亚洲精品三 | 欧美 日韩 中文字幕 | 日韩av手机在线播放 | 免费人成在线 | 性色av一区二区三区 | 成年在线视频 | 成人短视频在线观看 | 国产主播一区二区三区 | 91狠狠综合久久久 | 999久久久精品 | 91免费福利视频 | 精品一区二区三区视频 | 狼人狠狠干 | аⅴ天堂中文在线网 | 日韩精品免费一区二区三区 | 久久免费播放 | 亚洲理论在线观看 | 91视频一区二区三区 | 国产原创精品 | 一级少妇淫片 | 国产一区二区三区视频在线播放 | 欧美日韩精品一区二区 | 午夜激情在线 | 蜜臀久久99精品久久久画质超高清 | 91视频直接看 | av资源首页| 欧美自拍一区 | 18av视频 | 激情国产一区 | 黄色在线小视频 | 在线看中文字幕 | 国产精品高清网站 | 9191国产精品 | 国内毛片毛片毛片 | 黑人と日本人の交わりビデオ | 色妞综合| 韩国一区二区在线观看 | 欧美久久影院 |