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

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

Is strong trade data too good to be true?

Xinhua | Updated: 2013-04-12 10:28

BEIJING - Rather than offering the reassurance of a firming economy, China's stronger-than-expected trade growth in the first quarter has stirred doubt about data accuracy.

China's foreign trade - exports and imports combined - increased 13.4 percent year-on-year to $974.67 billion in the first three months, faster than the government's 8-percent goal set for the entire year, the General Administration of Customs (GAC) revealed Wednesday.

The rise also marked a significant jump from the 6.2-percent growth seen in 2012, when the Chinese economy marked its slowest growth in 13 years, growing by 7.8 percent.

Though the economy has shown signs of a gentle recovery since late last year, Wednesday's robust trade data came as a surprise to market watchers, who delved further into the breakdowns and found an unusual surge in the mainland's exports to Hong Kong in March, which were reportedly up 93 percent year-on-year.

Although the trade data calculated by the two sides has seldom moved in tandem, the sharp rise in March commanded market attention, with some suspecting the dramatic rise as evidence of disguised hot money inflows through trade channels amid the backdrop of a rising yuan.

Official statistics show that China's central bank and commercial banks purchased 295.4 billion yuan ($47.2 billion) in foreign exchange in February, the third straight month of increases, indicating increasing capital inflows to the country during the period.

This set of data prompted concerns about whether the export volume in the first quarter had been magnified, as companies may have misreported their exports to obtain tax rebates or to bypass the country's capital controls to move money into the mainland.

In response to such doubts, Zheng Yuesheng, spokesman for the GAC, said the agency has conducted initial research into the reported phenomena and will coordinate with related departments to further probe the reasons behind the substantial growth.

"We'll take corresponding regulatory measures, if necessary," Zheng added.

In stark contrast to the spokesman's readiness to admit the possibility of certain distortions in the trade data, accusations that the Chinese government tried to manipulate the data to make it "look good" landed far out of bounds.

Even if the trade data was somewhat inaccurate, it was still reliable and came largely in line with other data that point to strengthening economic recovery.

China's official manufacturing purchasing managers' index released by the National Bureau of Statistics rose to an 11-month high of 50.9 in March. A separate survey by HSBC showed that the final PMI climbed to 51.6 - all suggesting solidifying strength.

Despite the many imperfections in its statistical methodology, China has never ceased its efforts to improve in this regard, as policymakers rely heavily on the key economic indicators to adjust macro-controls in the large and complicated economy.

Last year, the NBS moved to build back-up repositories for deep data analysis and processing, allowing enterprises to directly report their data to the NBS.

As Ma Jiantang, the head of the NBS, has said, the primary political task of statisticians is to improve the authenticity and accuracy of economic data to provide solid support for decision-makers.

China is due to release key economic data for the first quarter next week.

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: 性生大片一级毛片免费观看 | 欧美日韩精品国产一区二区 | 狼人久久尹人香蕉尹人 | 综合亚洲精品一区二区三区 | 欧美一级日韩一级亚洲一级 | 日韩性大片免费 | 三级黄色免费看 | 三级视频网站 | 欧美视频亚洲视频 | 国产男女视频在线观看 | 高清在线观看自拍视频 | 久草免费福利 | 国产精品午夜免费观看网站 | 中文字幕精品一区二区三区视频 | 欧美资源在线观看 | 欧美日韩在线视频免费完整 | 日韩亚洲欧美理论片 | 亚洲一区二区三区久久 | 高清国产一级精品毛片基地 | 久久成人网18网站 | 99视频免费看 | 成年男人午夜片免费观看 | 国产一级视频久久 | 国产永久高清免费动作片www | 久久国产美女免费观看精品 | 女子张开腿让男人桶视频 | 欧美在线亚洲国产免m观看 欧美在线一级精品 | 欧美人在线 | 国产日韩精品一区二区三区 | 欧美日韩一日韩一线不卡 | 国产一区二区fc2ppv在线播放 | 欧美一区二区在线观看 | 欧美怡红院高清在线 | 91香蕉国产在线观看免费永久 | 欧美另类孕交免费观看 | 黄色网址在线免费观看 | 亚洲黄色小视频 | 亚洲永久中文字幕在线 | 成人毛片在线播放 | 一级片在线免费看 | 久久久www免费人成看片 |