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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Industrial upgrade spurs foreign trade

By Zhong Nan and Jing Shuiyu | China Daily | Updated: 2017-02-11 09:17

Industrial upgrade spurs foreign trade

An undated photo shows a ship loads containers at a terminal in Qingdao, Shandong province. [Photo/China Daily]

China recorded double-digit growth in exports and imports in January, thanks to surging industrial demand and enhanced manufacturing capabilities as a result of the ongoing industrial upgrading, experts said on Friday.

Imports surged by 25.2 percent year-on-year to 911.2 billion yuan ($132.4 billion), indicating growing demand amid ongoing supply-side reform.

Exports increased by 15.9 percent to 1.27 trillion yuan, according to the General Administration of Customs.

Commodity imports, such as iron ore, crude oil and coal, continued to grow in January, featuring general price rises.

China bought 92 million metric tons of iron ore from global markets last month, up by 12 percent year-on-year, with an average price of 525 yuan per ton.

Crude oil imports reached 34.03 million metric tons in January, 27.5 percent higher than the same period a year earlier.

"The rebound in commodity prices and overseas demand for industrial products boosted the country's exports.

"The growing imports were also attributed to this year's Spring Festival, which arrived earlier than last year," said Xu Yang, an analyst at Sinolink Securities.

China's foreign trade reached 2.18 trillion yuan in January, up by 19.6 percent year-on-year. This led to a monthly trade surplus of 354.53 billion yuan, down by 2.7 percent from a year earlier, customs data show.

As both trading prices and volume of commodities were notably higher than the same period last year, China's trade surplus might narrow in the future, since domestic demand is likely to improve continuously, Xu said.

The continued recovery of the world economy and rising demand in the global market also played big roles. Trade with the European Union, China's biggest trade partner by volume, surged by 14.1 percent year-on-year in January.

Meanwhile, trade with the United States, China's second-biggest trade partner, rose by 21.9 percent.

"Even though this is an encouraging result, exports are still constrained by instability in the recovery of global demand, growing trade frictions and the reality that China's new competitive edge in high-end service and manufacturing sectors has not been fully established," said Huo Jianguo, vice-chairman of the China Society for World Trade Organization Studies.

Tu Xinquan, a professor at the University of International Business and Economics in Beijing, said big-ticket projects also mean huge demand for Chinese equipment, construction materials, services and technologies in markets in countries and regions along the Belt and Road Initiative. They will continue to support China's foreign trade.

A number of infrastructure projects have been launched along the Belt and Road trading routes, including Pakistan's Karakoram Highway and Karachi-Lahore Motorway and the China-Laos Railway.

Most Viewed in 24 Hours
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
主站蜘蛛池模板: 日韩av大全 | 日韩av专区 | 亚洲动态图 | 欧洲av一区 | 久久伊人中文字幕 | 翔田千里一区二区 | 国产a级片视频 | 超碰超碰超碰超碰 | 老司机午夜精品视频 | 中文字幕第一区综合 | 九色在线观看 | 国产精品永久免费视频 | 五月天激情片 | 超碰狠狠干 | 亚洲天堂va| 国产精品久久免费观看 | 国产激情小视频 | 欧美一级不卡 | 亚洲色图1 | 在线免费中文字幕 | 亚洲影视一区二区三区 | 天堂资源在线 | 日本福利在线 | 亚洲免费福利视频 | 在线观看免费视频的网站 | a级片在线视频 | 日韩黄色网页 | 免费的黄色的网站 | 人成在线视频 | 久久视频99 | 日本婷婷 | 日韩精品在线免费观看 | 91免费看网站 | 97免费在线观看视频 | 国产精品爽 | 国产精品久草 | 最新中文字幕在线观看 | 精品久久免费视频 | 9191在线视频 | 国产一级自拍 | 亚洲综合在线视频 |