Home > News > Industry News > 2016 China's foreign trade.....
Certifications
New Arrival
Contact us
Wuhan Orient Honest Int'l Trade Co.,ltd
Mobile:0086-186 2710 4006(Whatsapp)
Tel:   0086-27 8782 9195(working time)
E-mail:info@orienthonest.com     
www.china-disposable.comContact Now

News

2016 China's foreign trade stabilized for the better

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-01-19
According to reports, in 2016 China's imports and exports before the low after the high, quarterly stabilized to good momentum, foreign trade structure continues to optimize. In the first quarter, China's imports, exports, exports and imports fell by 8.2%, 7.9% and 8.6% respectively. In the second quarter, imports, exports and imports fell by 1.1%, 0.8% and 1.5% respectively; Exports and imports increased by 0.8 percent and 2.3 percent respectively, while exports fell by 0.3 percent.

It is noteworthy that, in the fourth quarter of 2016 import and export are positive growth, import and export, export, import value increased by 3.8%, 0.3% and 8.7%. In this regard, Huang Songping said that this first benefited from a series of measures to promote foreign trade to stabilize the gradual implementation of the good. For example, in September last year, the Ministry of Commerce and the General Administration of Customs jointly issued a notice to cancel the processing trade nationwide approval. In November, the Ministry of Finance and the State Administration of Taxation jointly promulgated a notice to raise the export tax rebate rate of important products such as machinery and electrical products and refined oil products to 17%. These policies and measures are very concrete and play a positive role in promoting steady growth of foreign trade. Second, the external environment has shown signs of improvement, the export business index of new orders picked up significantly; Finally, the domestic economy, "moderate stabilization, steady for the better" led imports of commodities continued to increase.

In addition, China's exports in December last year, leading index continued to rise. In the fourth quarter of 2016, China's export lead index for three consecutive months of recovery, to 37.4 in December, up 0.5, indicating that the first quarter of 2017 China's export pressure is expected to ease.