综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

World Bank lauds efforts to boost trade

Xinhua | Updated: 2018-10-26 09:28
Share
Share - WeChat
Booming Zhangjiagang port in East China's Jiangsu province. [Photo provided to chinadaily.com.cn]

Amid rising global trade tensions and domestic economic rebalancing, the World Bank assesses the evolution of China's foreign trade positively, and is "very impressed" with China's efforts to boost foreign trade, a World Bank economist has said.

China's foreign trade rose 9.9 percent year-on-year to 22.28 trillion yuan ($3.2 trillion) during the January-September period. Exports increased 6.5 percent in the period while imports grew 14.1 percent, resulting in a trade surplus of 1.44 trillion yuan, which narrowed by 28.3 percent.

"We do not see that as an imbalance," John Litwack, World Bank lead economist for China, told Xinhua in a recent interview, referring to the export and import growth rates. "We think that it is quite normal at this point in time."

The rapid export-led growth of the past relied on China occupying an increasingly larger share of world exports, he said.

"In the current period of rebalancing and world trade tensions, this is likely no longer feasible for political as well as economic reasons."

Noting that a steady weakening of China's trade balance as "a natural part" of the rebalancing process, the economist said: "We don't think that a shrinking trade balance is something for China to worry about right now."

A weaker trade balance can even be helpful in preventing the value of the renminbi from becoming too strong and thereby hurting the competitiveness of domestic producers, he added.

Meanwhile, Litwack cautioned China of rising global trade tensions, saying "the current world political situation cannot be ignored".

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
CLOSE
 
咸丰县| 鹤壁市| 汪清县| 兴宁市| 辽阳县| 高青县| 杭锦旗| 天柱县| 陈巴尔虎旗| 同仁县| 恩施市| 麻江县| 中方县| 高陵县| 环江| 阆中市| 博白县| 四川省| 桐庐县| 时尚| 保康县| 高碑店市| 芜湖市| 中卫市| 万载县| 睢宁县| 乌拉特前旗| 黎平县| 尼木县| 客服| 大余县| 宽甸| 肇庆市| 岫岩| 林芝县| 吉木萨尔县| 淮阳县| 鄢陵县| 上饶市| 前郭尔| 奉节县|