Foreign trade situation stabilizing future growth hard to double digits
The general administration of customs has released in January to November foreign trade import and export situation.The first 11 months of this year, China's import and export gross 23.43 trillion yuan, excluding currency factors year-on-year growth of 7.7%.Among them, in November, China's import and export gross 2.27 trillion yuan, an increase of 9.3%.Export 1.24 trillion yuan, the monthly exports $200 billion for the first time, an increase of 12.7%, refresh the export record in December last year, to an all-time high.Imported 1.03 trillion yuan, up by 5.3%;Trade surplus of 208.92 billion yuan, the expanded by 73.4%.
"Exports more than expected in November is mainly affected by the global economic turnaround, without deteriorating the eu economy, further enhance asean market, so as to drive the global economic situation get better."First research director under the state council development research center, foreign economic research, researcher Hu Jiangyun said in an interview with China economic times reporter, as the global economic stability in order to our stable export growth effect of policies and measures gradually revealed multiple factors, such as supporting export growth rebound in November, but given the world economic recovery is not solid, not strong demand, is expected to the future of our country foreign trade import and export situation will not be big changes, difficult than double-digit growth rate November export growth far more than market expectations
Export growth of 12.7% in November, up from 5.6% last month, far more than previous market expectations.Hu Jiangyun thinks that export growth mainly for four reasons.First, the global market gradually improve, especially represented by America, Japan, Europe.Without deteriorating the eu economy, further enhance asean market, thus promote the global economic situation get better.According to the U.S. department of commerce announced on December 5, the U.S. real gross domestic product (GDP) in the third quarter growth of 3.6%, better than expected, growth is higher than 2.5% in the second quarter and 1.1% in the first quarter, the U.S. economy keep growing for 10 months.In addition, American corporate profits in the third quarter by $38.3 billion.
Second, China's policy to play a leading role.In September 2012 the state council general office issued "several opinions on promoting the steady growth of foreign trade, since for the implementation of the file, the ministry of commerce and other departments have issued detailed rules for the implementation, to waive or reduce the entry-exit inspection and quarantine fees, canceled more than 1500 kinds of ein, expand the scale of export credit insurance (zone) and coverage, etc., have important implications for stable export growth.
Third, the trade way more diversity.In September 2013, eight ministries and commissions such as the ministry of commerce issued on the implementation support for cross-border e-commerce retail outlet's opinions on relevant policies to support the cross-border e-commerce retail outlet.Processing trade exports of foreign trade the proportion of total fall further, barter trade, lease trade, electronic commerce and so on a variety of ways for economic growth.General trade export growth of 21.4% during the month in November, leasing trade export growth of 142.2%, bonded and supervisory areas inbound and outbound goods export growth of 36.6%;1 - general trade exports rose 10.3% in November, areas under special customs supervision logistics goods export growth of 62.3%, small-scale border trade export growth of 25.6%, barter trade export growth of 911.2%.
Fourth, our country implements the reform and opening up, improve the level of the open economy, including the implementation of the Shanghai free trade area has brought the good opportunity, especially to speed up the reform of cross-border investment, implement the negative list and records management, etc.Therefore, the rapid growth of foreign investment has led to the export of Chinese products.