日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

  Home>News Center>China
       
 

January trade sees deficit
(China Daily)
Updated: 2004-02-11 23:15

Newly implemented tax reforms and the Spring Festival holidays may have been the driving forces behind a slowdown in export growth.

Despite foreign direct investment growth of 13.6 per cent, China reported a trade deficit in January, according to statistics from the Ministry of Commerce.

Exports rose 19.8 per cent year-on-year, marking a sharp slowdown from the December rate of 50.7 per cent.

Li Yushi, an expert from the Chinese Academy of International Trade and Economic Co-operation (CAITEC), a think-tank of the ministry, attributed the slowdown in exports to tax rebate reform and the Spring Festival.

"Exporters rushed to ship out their goods by the end of last year, in order to cut the losses created by the tax rebate reform," he said.

The rebate system took effect January 1 and cut the refund rate for exports by an average of three per cent.

The slowdown is also driven by the Chinese traditional Spring Festival, Li said.

Imports rose 15.2 per cent.

The trade deficit reached US$20 million for the first time in 10 months.

The flow of foreign direct investment rose by 13.6 per cent to US$4.1 billion following a slowdown last year.

Contracted foreign investment, an indicator of future trends, rose an annual 10.4 per cent in January to US$10.2 billion.

A shrinking trade surplus or deficit in several months of this year would not be surprising.

"The country has to buy more products from abroad to feed its roaring economy," he added.

Increasing protectionist measures from the United States and other countries will also have negative impact on China's exports.

However, exports will continue to grow moderately due to strong global demand but not as fast as imports, Li said.

China's trade surplus for 2003 fell to US$25.5 billion.



Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News
 

Australia, US, Japan praise China for Asia engagement

 

   
 

Banker: China doing its best on flexible yuan

 

   
 

Hopes high for oil pipeline deal

 

   
 

Possibilities of bird flu outbreaks reduced

 

   
 

Milosevic buried after emotional farewell

 

   
 

China considers trade contracts in India

 

   
  EU likely to impose tax on imports of Chinese shoes
   
  Bankers confident about future growth
   
  Curtain to be raised on Year of Russia
   
  Coal output set to reach record high of 2.5b tons
   
  WTO: China should reconsider currency plan
   
  China: Military buildup 'transparent'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 狠狠操天天干 | 久久久久麻豆v国产精华液好用吗 | 亚洲69视频 | 日韩网站免费观看高清 | 污视频网站免费看 | 国产91在线高潮白浆在线观看 | 99热这里只有精品5 日本全黄裸体片 | 中文在线字幕在线观看 | 九九热精品在线观看 | 高跟肉丝丝袜呻吟啪啪网站av | 亚洲伦理影院 | av在线免费网址 | 久久国产乱子 | av男人天堂网 | www.亚洲免费 | 人人cao| 91看片视频| 成人综合站 | 国产精品视频在线免费观看 | 在线观看黄色片 | 亚洲影院在线 | 亚洲影视大全 | 国产黄色一级片 | 在线观看国产黄 | 久久人人爽人人 | 成人精品国产免费网站 | 欧美日韩中文字幕视频 | 久久只有这里有精品 | 在线免费激情视频 | 亚洲三级网 | 麻豆久久久久久久 | 亚洲精品一区二区在线观看 | 韩国精品一区二区 | 国产日本在线 | 欧洲中文字幕 | 久久白浆| 国产乱码一区 | 在线播放网址 | 国产69精品久久久久久久久久 | 麻豆国产精品视频 | 国产欧美精品区一区二区三区 |