China trade growth bolsters world economy

0 Comment(s)Print E-mail China.org.cn, December 7, 2011
Adjust font size:

The Chinese government said Wednesday that the country's strong growth in foreign trade has made significant contributions to the world economy during the past decade, in its first-ever white paper on foreign trade.

China issues first white paper on foreign trade.[Photo/China.org.cn]

China issues first white paper on foreign trade.[Photo/China.org.cn] 

In the ten years from 2000 to 2009, China registered?an average annual growth?rates of?17 percent and 15 percent respectively for its exports and imports, much higher than the 3 percent growth rate for the global trade, according to?the white paper released by the Information Office of the State Council Wednesday.

Apart from accelerating the pace of?the country's?economic modernization and improving people's living standard, China's development in foreign trade?has also been a significant driving force for world economic growth, the white paper said.

Since 2001, China's import of goods has increased by approximately five times, representing an annual growth rate of around 20 percent.

China's rapidly expanding imports have become a major driving force for global economic growth, creating an enormous market for its trading partners to augment their exports, according to the document.

At present, China is the largest export market for Japan, Republic of Korea, Australia, ASEAN, Brazil and South Africa, the second largest for the EU, and the third largest for the U.S. and India.

During the international financial meltdown, China's foreign trade was among the first to stabilize, greatly promoting the recovery of the world economy, the white paper said.

In 2009, global goods imports decreased by 12.8 percent, while China's goods imports increased by 2.9 percent, making it the only country to maintain growth among the world's largest economies.

The strong demand from China sustained the exports of many countries hit by the financial crisis and shored up global confidence, giving a new momentum to the world's economic recovery and growth.

Meanwhile, China is one of the developing countries granting the largest market access to the least-developed countries (LDCs).

By July 2010 China had granted zero-tariff treatment to over 4,700 commodities from 36 LDCs which had established diplomatic ties with China. The zero-tariff commodities accounted for 60 percent of the total imports from those countries, according to the white paper.

China has promised to continue expanding its preferential treatment to the LDCs having diplomatic ties with China until the zero-tariff commodities reach 97 percent of the total imports from those countries.

The development of China's foreign trade has also enhanced the welfare of its trading partners, as it provides inexpensive and quality products to meet the diversified demands of the global market.

China's advantages including economy of scale and low processing costs have played an important role in curbing global inflation and raising the real purchasing power of consumers of its trading partners, according to the document.

The Chinese government also actively advocates a balanced and mutually beneficial multilateral trade system, and strives to establish a fair and equitable new international economic and trade order, the white paper said.

(Xinhua contributed to this story)

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 亚洲成AV人片在线观看无码不卡| 国产亚洲精品美女2020久久| eeuss影院www在线观看免费| 舌头伸进去里面吃小豆豆| 国产精品久久久久久久伊一| 中文字幕日韩精品无码内射| 欧美激情高清整在线| 国产一级二级在线观看| 97精品在线播放| 无人视频免费观看免费视频 | 精品人妻中文无码AV在线| 国产乱子经典视频在线观看| 99国产精品99久久久久久| 性欧美大战久久久久久久| 亚洲中文字幕无码av在线| 精品欧美一区二区三区四区| 国产做受视频激情播放| 91精品全国免费观看含羞草| 天堂中文在线资源| 久久久亚洲欧洲日产国码二区| 最近更新2019中文字幕8| 人妻人人澡人人添人人爽| 香蕉视频软件app下载| 国产精品va在线观看无码| 3d动漫精品成人一区二区三| 成人免费在线观看| 乱人伦精品视频在线观看| 爽爽影院在线免费观看| 免费看a级黄色片| 精品国产一区二区麻豆| 啊灬啊灬啊快日出水了| 日韩欧美一区二区三区免费看| 日本不卡免费新一区二区三区| 久草视频在线免费| 波多野结衣中文一区二区免费| 免费又黄又爽又猛的毛片| 超时空要爱1080p| 国产午夜视频在线观看第四页| 91精品国产亚洲爽啪在线观看| 在车上狠狠的吸她的奶| 三级中文有码中文字幕|