www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Measures to boost imports serve China's restructuring: analysts

(Xinhua) Updated: 2014-10-01 10:13

BEIJING - The latest measures aimed at boosting imports of advanced technology and retail goods have come at the right time and should help China as it restructures its economy, analysts say.

On Monday, the State Council, or China's cabinet, announced a spate of measures target balancing China's foreign trade, meeting domestic demand, promoting innovation and upgrading the economic structure.

The announcement came as China's imports posted year-on-year declines for two consecutive months in July and August, heightening concerns over subdued growth momentum in the world's second largest economy.

Due to contracting imports, the monthly trade surplus in August reached an all-time high of $49.8 billion, up 77.8 percent from a year earlier, customs data showed.

"The trend of foreign trade in recent months, which features an expanding trade surplus, is unbalanced and unsustainable," said Liu Xuezhi, a financial analyst with the Bank of Communications. He said the measures required to change this came just as they were needed.

Liu said that a declining import volume causes pressure on China's trade balance as well as the balance of international payments, putting upward pressure on the yuan.

At a press conference earlier this month, the Ministry of Commerce spokesman Shen Danyang clarified China is not pursuing a trade surplus. Instead, the country aims at balanced development of trade, giving the same weight to export expansion as import expansion.

In May, the cabinet already drew up a guideline to stabilize foreign trade growth. Monday's measures offered more details, vowing to encourage imports of high-tech equipment and parts, as well as services on research, design, energy saving and environmental protection.

Wang Jun, analyst with the China Center for International Economic Exchanges, said this round of policy is more targeted and compliments the need to upgrade domestic industries, as China shifts away from over-reliance on investment and external demand to an innovation-driven economy.

At the time of the announcement, the cabinet said imports of resources will stay stable and imports of general consumer goods like beef, mutton and aquatic products will be increased reasonably.

Analysts believe these measures will tap the country's vast consumer goods market, as retail goods only accounted for 5 percent of China's total imports, far below the world's average of about 20 percent.

China will continue to facilitate imports by simplifying administrative procedures and establishing trade platforms, including e-commerce, according to Monday's statement.

Liu Xuezhi points out the fundamental way to improve imports will depend on the recovery of demand.

Given the weak commodities prices on the international market, it will be difficult to see an obvious rally of imports in the near future, Liu said, stressing the urgency to deepen reform and seek internal growth.

Measures to boost imports serve China's restructuring: analysts

Measures to boost imports serve China's restructuring: analysts

 Top 8 expenses during the National Day holiday Undersea restaurant opens in Sanya

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 手机看片久久高清国产日韩 | 亚洲韩国欧美一区二区三区 | 91精品国产免费久久 | 中文字幕在线视频精品 | 成人一区二区免费中文字幕 | 一区二区三区久久 | 国产精品久久国产精品99 | 亚洲一区二区在线成人 | 久草福利资源网站免费 | 国产精品亚洲片在线va | 啪啪一级视频 | 国产精品免费视频一区二区三区 | 久久精品国产99久久久 | 欧美高清不卡 | 日本 欧美 国产 | 亚洲 欧美 精品 | 欧美中文一区 | 久久精品国产精品亚洲艾 | 国产综合亚洲专区在线 | 久草免费看 | 精品国产一区二区二三区在线观看 | 中文字幕视频网 | 亚洲夜色夜色综合网站 | 亚洲国产日韩欧美在线 | 91精品国产91久久久久 | 国产成人影院一区二区 | 亚洲视频在线一区 | 日本视频在线免费看 | 一级做a爰片毛片 | 成人一级| 欧美日韩视频在线第一区二区三区 | 亚洲理论片在线观看 | 暖暖日本在线播放 | 久久99国产精品久久99果冻传媒 | 欧美成人h精品网站 | 国产福利久久 | 牛牛本精品99久久精品88m | 成人黄色免费看 | 久久久综合久久 | 女人aaaaa片一级一毛片 | 成年人在线观看视频网站 |