China to synchronize trade growth, economic expansion
                 English.news.cn | 2013-01-16 16:14:58 | Editor: Hou Qiang

File photo taken on July 30, 2012 shows a bonded port in southwest China's Chongqing. According to the latest statistics released by the General Administration of Customs, China's total foreign trade volume in 2012 reached more than 3.86 trillion U.S. dollars, growing by 6.2 percent year on year. The growth rate is 16.3 percentage points less than 2011. (Xinhua/Li Jian)

BEIJING, Jan. 16 (Xinhua) -- The Chinese government aims to boost foreign trade in tandem with the country's economic expansion in 2013, as external demand is expected to remain slack, the Ministry of Commerce said Wednesday.

China's foreign trade situation will remain grim this year despite positive domestic factors, as anemic external demand and a rough trade environment cannot be fundamentally solved, the ministry's spokesman Shen Danyang said at a press conference.

"Our goal in 2013 is to encourage trade to grow at the same rate as the GDP while further stabilizing and expanding the country's share in global trade," the spokesman said.

Foreign trade increased 6.2 percent from a year earlier last year, down sharply from 22.5 percent in 2011, customs data showed.

The figure was hard-won compared to the 2.5-percent growth registered in global trade last year and could be the highest among major global traders, according to Shen.

China's share of global trade rose to 11.08 percent in the first three quarters of 2012 from 10.47 percent at the end of 2011, according to Shen.

China's status as the world's second-largest importer allowed it to make important contributions in promoting global economic recovery last year, Shen said, adding that figures will show that the country's share of global imports of goods rose in 2012.

China will focus its energy on expanding imports in 2013, introducing measures such as favorable fiscal and financial policies in order to promote balanced trade, Shen said.

Most economists have projected slightly higher GDP growth for 2013 due to government pro-growth measures. On Friday, the government will release the GDP growth figure for 2012, which is expected to exceed the 7.5-percent government target set earlier last year.

To dispel suspicions regarding falsified December trade data, Shen said the sharp increase in trade growth between November and December was normal, citing similar increases in February and May last year.

The fluctuation was attributed to a harsh trade environment and holiday-related factors. The removal of a free quarantine policy by the end of last year may have boosted trade in December, Shen said.

In December, China's exports trumped forecasts to increase 14.1 percent from one year earlier, up from November's 2.9-percent rise.

Related:

China's 2012 foreign trade growth slows to 6.2 pct

BEIJING, Jan. 10 (Xinhua) -- Growth of China's foreign trade missed the government's 10-percent annual target set for 2012 by rising only 6.2 percent from 2011, customs data showed Thursday.

The country's exports and imports volume totaled 3.87 trillion U.S. dollars last year, and growth slowed sharply from the 22.5-percent rise registered in 2011, Zheng Yuesheng, General Administration of Customs spokesman said.  Full story

China's foreign trade to improve this year: spokesman

BEIJING, Jan. 10 (Xinhua) -- China's foreign trade for 2013 will be better than that of last year despite uncertainties, a General Administration of Customs spokesman said on Thursday.

Spokesman Zheng Yuesheng said global economies have launched stimulus policies to prevent growth rates from slumping, adding that China's domestic efforts to boost the growth of foreign trade will have more visible effects this year. Full story

分享
China's foreign trade to improve this year: spokesman
China's 2012 foreign trade growth slows to 6.2 pct
China's 2012 foreign trade to grow 6 pct: minister
China-Africa trade likely to hit record high
Melting snow leads to rising water levels in Inner Mongolia
Melting snow leads to rising water levels in Inner Mongolia
Students have classes in prefab houses in quake-hit Lushan county
Students have classes in prefab houses in quake-hit Lushan county
Taizhou Global Commodity Purchasing Center opens
Taizhou Global Commodity Purchasing Center opens
Shangli Ancient Town returns to normal after earthquake hits Ya'an city
Shangli Ancient Town returns to normal after earthquake hits Ya'an city
Thousands of jellyfish on display at Vancouver Aquarium
Thousands of jellyfish on display at Vancouver Aquarium
Mexican President attends Municipalities Annual Conference 2013
Mexican President attends Municipalities Annual Conference 2013
Three-floor Warehouse catches fire in Yerevan, Armenia
Three-floor Warehouse catches fire in Yerevan, Armenia
Morsi, Abbas discuss internal-Palestinian reconciliation
Morsi, Abbas discuss internal-Palestinian reconciliation
Back to Top Close
010020070750000000000000011100001321069541