Annual trade surplus or up to $ 1500

In July, the surge of trade surplus, along with the Department of Commerce's trade surplus forecast for the full year will be raised to $ 1500.

Department of commerce policy research, Deputy Director of the Prince first in Beijing on 3 September 2010 China top 500 foreign trade Enterprise Forum "on the above view. He is expected to go along with the domestic raw materials inventory turns, imports may be a few months after rebound, while export growth rate you may receive the apparent drop in monthly surplus will fall again, and the annual trade surplus or 1500 billion, but more 2009 1960.7 billion still have decreased significantly.

However, the Prince first believed that the current world economy is in a cash crunch, fiscal austerity, confidence in the contraction "meet", considering that the United States and Europe needs low, close, supplemental inventory as well as China and other emerging market demand slows, liquidity and increase the financing cost and other factors, the future world trade growth will occur.

Affected by this, China's export growth will also appear, however, and some research institutions believe the next few months monthly export growth will drop to single digits even zero growth compared to the Department of Commerce's views are more optimistic. Prince first pointed out that, from September, China's exports appear more likely to fall, but to maintain the growth of 10% or so, after all, "China's export of competitive conditions and advantages still exists".

He also reminded that even though the export growth rate down to 10% of its macroeconomic impact or belittle. This year, along with investment, consumption growth of exports to GDP slowdown in growth stimulating increased markedly, the next few months to attach external demand and high risk of falling, vigilance also need both inside and outside.

But before that, the Commerce Department spokesman Yao Jian in the first half of the annual press conference, has repeatedly said that in 2010 the annual trade surplus narrowed to 1000 billion dollars. However, in July, 287 million handset surplus, before seven months of this year, China has accumulated trade surplus 839.3 billion.