久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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: 亚洲一区二区三区精品影院 | 日韩毛片大全免费高清 | 亚洲午夜片子大全精品 | heyzo北条麻妃久久 | 一本色综合 | 精品热99| 怡红院在线观看 | 亚洲精品第五页中文字幕 | 国产欧美日韩在线观看一区二区三区 | 精品欧美一区视频在线观看 | 成人欧美日韩视频一区 | 香蕉毛片a| 国产亚洲欧美成人久久片 | 欧美精品久久 | 美女黄页网站 | 国产日产亚洲系列首页 | mm在线精品视频 | 最新国产精品好看的国产精品 | 日韩一级黄色毛片 | 亚洲久久久久久久 | 九九爱精品 | 日本二区免费一片黄2019 | 免费观看欧美一区二区三区 | 亚洲精品成人av在线 | 国产成人麻豆tv在线观看 | 亚洲色吧 | 黄色a三级免费看 | 亚洲专区在线 | 日韩欧美在线播放 | 精品日韩一区二区三区 | 69性欧美高清影院 | 免费国产综合视频在线看 | 久久青草网站 | 亚洲成在 | 永久毛片 | 亚洲综合网在线 | 自拍偷拍二区 | 国产精品网站 夜色 | 久久99国产综合精品 | 久久国产午夜精品理论片34页 | 欧美美女视频网站 |