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2017 China's foreign trade forecast: exports will fell 5%

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-01-05
In 2016, the world economy has not yet got rid of the sluggish growth, the pace of global recovery is slow, external uncertainties increase; domestic, traditional foreign trade advantage gradually weakened, emerging competitive advantage to be formed, China's foreign trade to maintain a weak run.

Looking ahead to 2017, the world's economic growth momentum is insufficient, the external demand to improve the degree of limited domestic macroeconomic downward pressure on China's import and export situation is still difficult to substantially improve. But the gradual realization of the G20 consensus, RMB to join SDR, foreign trade support policies and other factors will support the smooth operation of foreign trade.

As an important engine of economic growth, trade and investment are becoming more and more important. However, in recent years, the global trade and investment situation in the doldrums, the World Trade Organization in September 2016 and 2017 forecast world trade will be in a very difficult growth stage, the United Nations Trade and Development forecast 2016 global investment growth will decline 10% to 15%. World economic recovery is weak, the international market demand is sluggish, "Black Swan" frequent events, the prevalence of trade protectionism, monetary policy differentiation and other factors will inhibit world trade growth in 2017.