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: 丝袜情趣在线资源二区| 国产精品毛片大码女人| 国产无遮挡又黄又爽高清视| 免费无码又爽又刺激高潮视频| 久久精品电影免费动漫| 97国产精品视频观看一| 精品无人区麻豆乱码1区2区| 曰批免费视频观看40分钟| 国内精品久久久久影院蜜芽| 啊灬啊灬别停啊灬用力| 亚洲一级毛片在线播放| 一级做a爰性色毛片| 成人污视频在线观看| 波多野结衣伦理片| 我的娇妻acome| 国产欧美日韩另类| 人人妻人人做人人爽| 中文字幕第15页| 欧式午夜理伦三级在线观看| 男女高潮又爽又黄又无遮挡| 日本欧美一区二区三区在线播放| 国产美女一级高清免费观看| 免费网站看v片在线成人国产系列| 久久精品久久精品久久精品| 5060在线观看| 精品久久久久久亚洲综合网| 日本免费人成视频在线观看| 国产精品99久久免费| 亚洲毛片在线看| japanese国产在线观看| 美国式禁忌交换伴侣| 日本高清色www网站色| 国产精品久久国产精品99| 亚洲综合国产成人丁香五月激情 | 少妇激情av一区二区| 国产亚洲蜜芽精品久久| 亚洲av无码专区国产乱码不卡 | wwwfuqercom| 精品国产91久久久久久久a| 日本一区二区三区在线看| 国产成人亚洲午夜电影|