Department of Commerce: Euro debt crisis appeared negative effects or progressive

Department of Commerce press spokesman Yao Jian 12 June said here, in the next few months the European debt crisis for China's exports of negative effects may gradually revealed.

Department of Commerce will hold monthly routine. Yao Jian, 2010 to may, the growth of China exports to the EU, European 34.4% debt crisis has not yet appeared. Due to the order contract signed, shipping to and from the export of the settlement, you need at least 2 months or even longer, may export data reflect three months prior to the order contract.

Recent statistics show that China in may, China's export growth of 48.5%, this month's trade surplus 195.3 billion. Yao Jian analysis that may increase the Chinese exports mainly originate from the same period last year, exports decline to the bottom of the Valley.

Yao Jian said that, since the second half of last year to improve cardinality, July of Chinese exports growth rate will slow down. 5 month export growth growth base for restorative, compared with 2008, only 4% growth.

Yao Jian said Europe loan crisis in the European financial expenditures, employment and consumer confidence, China will pay close attention to Germany, Spain, Italy, United Kingdom and other countries of the economic situation. In the external situation and uncertainty, China maintained trade policy stability are preferences. According to EC forecast that this year the EU will only 0.7% economic growth.

Yao Jian said, the current month, the Chinese foreign trade surplus is a more substantial growth, but due to the Chinese economy continues to pick up, expand import policy effects will further show that imports will continue to maintain high growth, it is expected that the scale of annual trade surplus fell significantly.

Yao-strong, the first five months of this year the growth of Chinese imports nearly twice the growth rate of exports, such as Japan, Korea, Australia, Brazil and other countries provide important market for export. Although the Chinese on the United States, EU, India and other trading partners to import surplus, but markedly speeded up, particularly for India's imports rose by 80%.

In a press conference, the Commerce Department also announced the January-may period of foreign investment in China.

The first five months, a new enterprise with foreign investment, 9638 22.15%; the actual use of foreign capital 389.21 billion, an increase of 14.31%. In may, the national new batch of foreign-invested enterprises 2132 House, an increase of 29.39%; the actual use of foreign capital 81.32 billion, an increase of 27.48%.