Thursday, March 3, 2011

Promoting exports have tenure pressure is off of the "East-West"

It has been reported although difficult securities journal, but the Chinese economy is still in a difficult Trek in the hard-won accomplishments. With the recent export tax rebate policy adjustments, as well as the authorities expect growth in China's foreign trade in the second half of the desk-to-quarter slowdown in conclusion, the so-called economic overdependence on the resurgence of export of argument. But last weekend premier in Shaanxi research time on subsequent policy gives clear direction — "we want to expand domestic demand, it is essential to stable foreign demand, both on the driveway."

In fact, in response to the unprecedented crisis, China's economy, Mexico has been going on.

Investment and domestic demand contributed to the national economy. 4 trillion investment and supporting policies of progressive implementation, an extension of Highway, railway, in the airport throughput speed increase, rising consumer goods market is thriving, particularly economic, tourism and holidays in consumer become bright.

And is this round of economic adjustment in the most difficult chapters. Fortunately, the most difficult period has become a thing of the past. From the month of June of this year, the General Administration of customs import and export data in the first half of the publication shows that imports and exports worth 2547.7 billion, an increase of 39.2%; exports 1374 billion, an increase of 43.9%; import 1173.7 billion, an increase of 34.1%. In particular the monthly total export value and import and export are refreshed in July 2008, the historical record, a record high of China's foreign trade.

But, just in June, the entire first half, China import and export of virtually all data has a good performance. 6 month 39.2% year-over-year growth rate, is the first half of the total value of all monthly minimum value grew. 1-6 months, China's imports and exports total $ 13548.8 billion, an increase of 43.1%. Exports 7050.9 billion, an increase of 35.2%; import 6497.9 billion, an increase of 52.7%.

Another notable change is the trade surplus of substantially shrunk, 553 million surplus last year dropped by 42.5%, even in a single month also trade deficit.

In the first half of the foreign trade data is beautiful. Not only that, recently, as a further step to imporove the export tax rebate policy, increased foreign investment enterprise in support of national policy, promote the profession of structural adjustment and implementation of the diversification strategy, countries announced the cancellation of a total of 6 major categories, item 406 tax rebates, and promulgated the "on doing a" going out "corporate tax services and management views.

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