USEUROPEAFRICAASIA 中文雙語Fran?ais
    Opinion
    Home / Opinion / Editorials

    Strong import growth

    China Daily | Updated: 2013-04-11 08:01

    China's strong import growth in March is a clear reflection of its stable domestic demand and continued economic recovery, which is especially comforting given the cloudy international scenario.

    Official data show that imports increased by a surprising 14.1 percent in March, which shows the country has kept its word that it would expand imports to help rebalance the world economy. The growth is well above market forecasts and much higher than that for the first two months combined, which was 5 percent.

    Raw materials have been the main driver of the exceptional growth in imports, indicating that the domestic economy is on the track of recovery.

    Last year, China's economic growth slowed and registered a 7.8 percent year-on-year GDP growth, the slowest pace since 1999. However, it started to bottom out in the last quarter of 2012 and the latest data show the upward trend has been solid so far. Such a trend is also shown by other indicators, such as the purchasing managers' index, which rose from 50.1 in February to 50.9 in March.

    A number of international organizations and investment banks have adjusted their forecasts for China's GDP growth this year, with the highest being 8.6 percent.

    China is clearly going to be a major contributor to the growth of the global economy this year, especially as the developed economies are still suffering from many uncertainties.

    However, the big gap between the March figure and that of the previous two months shows some of the imports in March could have been contributed by seasonal factors. For example, economic activities generally pick up and enterprises tend to import more after the Spring Festival holiday, which was in February this year.

    The rising value of the renminbi may have also prompted importers to increase imports since the cost of goods becomes less as the currency appreciates.

    So while China's continued recovery and expanding imports will help anchor the global economy, it will be difficult for the country to carry March's strong import growth momentum into the coming months.

    (China Daily 04/11/2013 page8)

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    国产成人无码专区| 久久精品中文闷骚内射| 中文字幕二区三区| 国产∨亚洲V天堂无码久久久| 久久精品一区二区三区中文字幕| 久久久久久国产精品无码超碰 | 在线欧美天码中文字幕| 亚洲AV永久无码一区二区三区| 亚洲精品色午夜无码专区日韩| 天堂中文在线最新版| 久久久久久无码国产精品中文字幕| 国模无码人体一区二区 | 久久中文骚妇内射| 精品无码国产污污污免费网站国产 | 在线欧美中文字幕农村电影| 精品国精品无码自拍自在线| 中文无码成人免费视频在线观看| 最近中文字幕完整版资源| 中文字幕色婷婷在线视频| 亚洲午夜无码AV毛片久久| 精品无码人妻一区二区免费蜜桃| 亚洲欧洲日产国码无码久久99| 亚洲日韩在线中文字幕第一页| 国产中文字幕在线观看| 日韩中文字幕精品免费一区| 少妇中文无码高清| 精品久久久无码中文字幕| 国产亚洲精久久久久久无码AV| 国产精品视频一区二区三区无码| 少妇人妻无码专区视频| 少妇无码AV无码专区线| 欧洲人妻丰满av无码久久不卡| 色窝窝无码一区二区三区成人网站| 最新中文字幕AV无码不卡| 国产av无码专区亚洲av果冻传媒 | 狠狠精品久久久无码中文字幕| 国产成人无码AV一区二区在线观看| 精品国产一区二区三区无码| 亚洲中文字幕久久精品无码喷水| 亚洲成a人片在线观看无码| 性无码专区无码片|