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Ministry of Commerce: China's huge pressure on foreign trade this year
Source:China fertilizer network   Time:2017-01-14   Read:658second  

January 12th, China's Ministry of Commerce spokesman Sun Jiwen said at a regular press conference, in 2017, foreign trade is facing a huge downward pressure, China's foreign trade should not be entangled in the digital goal.
Previously, the national business conference in December 26, 2016 to 27, held in Beijing, and there is no specific quantitative targets for the 2017 business minister of Commerce Gao Hucheng work report.
According to statistics, in 2016 the first 11 months of the national total import and export reached $21 trillion and 830 billion, down 1.2%, a decline narrowed by 6.6 percentage points. Among them, the export scale of 12 trillion and 470 billion yuan, down by 1.8%, imports of $9 trillion and 360 billion, down by 0.3%.
Li Gang, vice president of international trade and economic cooperation of the Ministry of Commerce has also mentioned that the business sector, the new normal is to get rid of the speed of the complex on the one hand. The rapid growth of China economy is one of the characterization of the new normal, but in the field of business specific form has its own characteristics, domestic circulation and consumption in the autonomous controllability, should maintain high security; but in the open economy, influence of external economic world is not controlled by us, therefore, should be treated objectively not wishful thinking.
According to surging news access, in December 2015 the national business conference, the Minister of Commerce Gao Hucheng in the work report, although also made in 2016 consumption, import and export, investment and use of foreign capital and a series of goals. However, the target of 2016 is no longer the percentage increase in the proportion of the total, and replaced by "China's exports of goods trade growth rate higher than the level of world trade," the relative index.
Prior to the end of 2014, the national business conference, the Minister of Commerce Gao Hucheng said that foreign trade growth target in 2015 has dropped from 7.5% in 2014 to $6%. Data show that in 2015 the full year, China's total import and export value of 24 trillion and 590 billion yuan, down by 7%, for the first time since the negative growth in 2009, well below the target of 6%.
Sun Jiwen also mentioned at the press conference this year, China will hold a meeting of trade ministers of the BRIC countries. China and Japan, South Korea to continue negotiations on a free trade agreement.

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