中文字幕网伦射乱中文-超清中文乱码字幕在线观看-亚洲v国产v欧美v久久久久久-久久性网-手机在线成人av-成人六区-国产人与zoxxxx另类一一-青青草国产久久精品-蜜桃av久久久一区二区三区麻豆-成人av一区二区免费播放-在线视频麻豆-www爱爱-成人免费看片视频-性欧美老肥妇喷水-五月99久久婷婷国产综合亚洲-亚洲最色-各种含道具高h调教1v1男男-91丨porny丨国产-国产精品无码专区在线观看不卡-大香伊人

Economic Watch: China's foreign trade maintains steady growth in first 9 months

Source: Xinhua| 2018-10-12 18:52:49|Editor: Li Xia
Video PlayerClose

BEIJING, Oct. 12 (Xinhua) -- China's foreign trade remained stable in the first nine months with improved trade structure, customs data showed on Friday.

Foreign trade rose 9.9 percent year on year to 22.28 trillion yuan (about 3.23 trillion U.S. dollars) during January-September, according to the General Administration of Customs (GAC).

Exports increased 6.5 percent in the period to 11.86 trillion yuan while imports grew 14.1 percent to 10.42 trillion yuan, resulting in a trade surplus of 1.44 trillion yuan, which narrowed by 28.3 percent.

By and large, China's foreign trade growth in 2018 remained steady with progress witnessed, and the country has been advancing the high-quality development of its foreign trade, Li Kuiwen, spokesperson for the GAC,told a press conference.

In the first nine months, exports and imports of products under the general trade category, which are differentiated from processing trade, gained 13.5 percent from a year ago to 13.02 trillion yuan, accounting for 58.4 percent of the total foreign trade, 1.9 percentage points higher than the same period in 2017.

The country's trade with major trading partners saw an increase during the January-September period. Trade with the European Union, its largest trading partner, climbed 7.3 percent, and trade volume with the U.S. and ASEAN countries increased by 6.5 percent and 12.6 percent, respectively.

Export of electric-mechanical products increased by 7.8 percent to 6.91 trillion yuan, taking up 58.3 percent of China's total export value.

China has taken measures to readjust its export structure, with exports of automobiles and machine tools expanding 16.3 percent and 18.7 percent, respectively.

In the January-September period, China imported 336 million tonnes of crude oil, 64.78 million tonnes of natural gas and 24.59 million tonnes of refined oil.

Imports of iron ore and soybean dropped by 1.6 percent and 2 percent to 803 million tonnes and 70.01 million tonnes, respectively, during the same period.

Meanwhile, China's overall import price has grown by 4.2 percent. Major bulk commodities, including crude oil, natural gas and copper, have seen an increase both in volume and price.

Li Kuiwen attributed the increase in imports to the government's favorable measures, including tax cuts, policies to optimize the business environment and tariff reductions.

He projected China's foreign trade to maintain stable growth with improved quality and efficiency, as the country is deepening supply-side structural reform, strengthening its inner dynamism, facilitating trade and diversifying its market.

Foreign trade in the fourth quarter is expected to slow down due to a higher comparison basis, plus instabilities and uncertainties in global environment, he said.

China posted a GDP growth rate of 6.8 percent in the first half of this year, which has remained between 6.7 percent and 6.9 percent for 12 consecutive quarters.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001375283771