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

China's foreign trade tumbles 10.8% in Jan

(Xinhua) Updated: 2015-02-08 10:55

BEIJING - China's foreign trade tumbled in January as major data experienced routine decline ahead of the upcoming Chinese lunar New Year, or Spring Festival.

The total trade volume stood at 2.09 trillion yuan ($341.16 billion) last month, down 10.8 percent year-on-year, the General Administration of Customs (GAC) said Sunday.

Exports dropped 3.2 percent to 1.23 trillion yuan and imports slumped 19.7 percent to 860 billion yuan, making the trade surplus expand 87.5 percent to 366.9 billion yuan, according to the GAC data.

"Spring Festival impacts foreign trade data at the beginning of every year," the GAC said in a press release.

The festival, an important time for family reunions, occurs in January or February along with a 40-day travel rush. It is due on Feb 19 and the rush is estimated to cover 2.8 billion trips this year.

"The trade data always turns out discouraging at every year's beginning because of the Lunar New Year," Liu Xuezhi, a financial researcher with the Bank of Communications, explained. "The data thereafter can reflect the real situation of China's foreign trade."

He said withering exports, especially of labor-intensive industries, reveal the weakening advantage in formerly-dominant areas.

Labor-intensive industries including Machinery, garments, textiles, shoes, toys, furniture and plastics exports all saw remarkable drops last month.

He attributed the sharp decrease in imports to lower price of bulk commodities and ongoing industrial upgrades while phasing out overcapacity.

Li Jian, a researcher with the Ministry of Commerce, said the contraction in exports is partly caused by different economic situations of China's major trade partners.

He said the stable economic recovery of the United States can not offset the negative effects from the floundering Europe Union (EU), Japan and some emerging economies.

The GAC data showed that China's exports to the EU and Japan dropped 4.4 percent and 20.4 percent, respectively. Even exports from the mainland to Hong Kong contracted more than 10 percent in January.

Except for the slight import growth of 0.7 percent from China's Taiwan to the mainland, the imports from the other nine largest trade partners all ended in decline, the GAC said.

However, analysts forecast China's 2015 foreign trade will realize steady growth through a better trade environment and stronger policy supports for the "Belt and Road" initiatives, construction of more free trade zones and cross-border e-commerce, but risks and challenges remain.

They believe exports will face downward pressure in Q1 and the start of Q2, considering the disappointing result of GAC's latest survey of export companies and the further reduction in new export orders in last month's manufacturing purchasing managers' index (PMI).

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 美女视频网站永久免费观看软件 | 国产成人精品高清在线观看99 | 亚洲性视频在线 | 成人18免费网站在线观看 | 久久久香蕉| 国产精品2020观看久久 | 久久亚洲精品中文字幕 | 丁香伊人五月综合激激激 | 国产国语在线播放视频 | 男人的天堂在线观看视频不卡 | 日本人一级毛片视频 | 国产欧美日韩一区二区三区在线 | 国产精品v一区二区三区 | 欧美一级特黄aaa大片 | 国产精品videossex另类 | 直接看的毛片 | 国产色视频在线观看免费 | 久久综合久久综合九色 | 国产欧美在线不卡 | 亚洲精品成人7777在线观看 | 欧美激情精品久久久久久久九九九 | 在线视频一区二区日韩国产 | 69精品免费视频 | 欧美老妇69交 | 国产美女一区二区在线观看 | 中文字幕av一区二区三区 | 高清在线观看自拍视频 | 九九久久精品国产 | 日韩免费观看的一级毛片 | 成人精品一级毛片 | 欧美成人性生活视频 | 狠狠色丁香婷婷综合小时婷婷 | 欧美一区二区三区男人的天堂 | 国产一区视频在线 | 一级特黄一欧美俄罗斯毛片 | 国产主播福利精品一区二区 | 久久成人免费播放网站 | 国产成人精品无缓存在线播放 | 国产三级麻豆 | chinese多姿势videos | 日韩在线看片中文字幕不卡 |