Monday, November 15, 2010

Exports this year after the financial crisis could quickly rebound

 Exports this year after the financial crisis could quickly rebound
to maintain the continuity of critical foreign policy, is expected to give a stable foreign trade enterprises, experts predict that export growth this year, up to 10%
reporter Zhu Fina
2009 years, China's foreign trade import and export value was $ 2,207,270,000,000, more than in 2008 (below) decreased 13.9%, slightly higher than the total value of trade in 2007. which exports $ 1,201,670,UGG boots,000,000, down 16%; imports of $ 1,005,600,000,000, down 11.2%. annual trade surplus of 196.07 billion U.S. dollars, fell by 34.2%. projected annual export is likely to surpass Germany as the world's largest exporter.
through the baptism of the financial crisis, China's foreign trade in 2009 is one of the most difficult years, from the beginning of the downturn, to the end of harvest, October 2008 from a continuous sharp decline in China's exports, 11 .2009 negative growth since January in the first half, the cumulative decrease of 21.8%. from September 2009 onwards, exports began to decline significantly narrowed,UGGs, narrowed in November fell 1.2 %.
br> said that in 2009 the trend of import and export and is closely related to the financial crisis. exported mainly by the external environment. in the first quarter is the worst of the crisis, the western countries into deep recession, emerging economies have also been a huge impact on the emergence of export down with the exchange rate depreciation and other issues, China's exports faced the grim situation not seen for years. to the second quarter, the financial markets rebound Although bottom, but the prospects for world economic recovery is uncertain, many countries still in recession, China's exports up decline was still great. to the third quarter, confidence in financial markets recovered, the world's major economies, and more to achieve positive growth, China's exports began to stabilize. to the fourth quarter, the world economic recovery, establishment of enterprises to the inventory of significant effect, China's exports to resume an positive growth.
while imports affected mainly by domestic demand in China. Since China adopted a firm and effective measures to deal with the crisis,UGG shoes, domestic demand has been tapped, the first recovery of our economy in the world, making the stabilization of imports and exports picked up before, most of the year Imports in January year on year changes are better than exports. significantly less than the annual export import, so in 2009 marked China's trade surplus narrowed to 196.1 billion U.S. dollars, more than 2008 young of nearly 100 billion U.S. dollars.
crisis, a larger decline in annual exports, trade surplus reduced, but the proportion of world trade and the share did not decline, indicating that the competitiveness of Chinese exports is still very high. Director Karen Kwok told the China Economic Times.
expected export growth in 2010 10%
He Weiwen, said: While the external economic recovery will be a tortuous and complex process, but overall, obviously better than in 2009. > high hopes. strength of the recovery in emerging economies greater demand for imports more vigorous, may be the next major growth point of China's exports. China is expected to maintain a high level of economic growth,UGG bailey button, and will continue to stimulate domestic demand-oriented and import growth may be higher than exports, is expected to reach about 15% of the year. In this case, the forecast growth rate of exports this year could reach 10%. Of course, this year's export has also encountered some challenges.
Fang Jin believes that the policy of stability in external demand should continue in 2010, the export tax rebate is a basic system of short-term policy should not be as frequent adjustments. to improve the corporate finance environment, improve trade facilitation is a long-term task, should further intensify. In addition, in 2010 and increase efforts to implement the FTA strategy, the use of crisis the consensus of the pool as well as China-ASEAN free trade zone m build a favorable opportunity to speed the process of economic integration in East Asia.
Doctrine of the pressure. an excuse for trade protection. 

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