Texindex.Com
Home For Buyers For Sellers MY Office News 国内贸易
    Industry News Texindex Press Releases Finance Company News The Largest Textile Market Online  
 
        Texindex.com runs the leading textile and apparel vertical nets , consisting of B2B Marketplace , Directory Search Engine , Career Center , Buyers'Guide , and Weblog in accordance with its 3C approach: Commerce Content Community
Not an Texindex.com memeber yet? Sign In
 
 

China's exports 'continue to face obstacles'

2013-7-10

 

 

China's foreign trade is facing "severe challenges" and these difficulties will remain in the second half of the year, Zheng Yusheng, spokesman for the General Administration of Customs, told a news conference on Wednesday.

Exports in June declined 3.1 percent from a year earlier to $174.32 billion while imports edged down 0.7 percent year-on-year to $147.19 billion, leaving a trade surplus of $27.13 billion, according to the administration.

The first half of 2013 saw exports rise 10.4 percent year-on-year to $1,052.82 billion while imports increased 6.7 percent year-on-year to $944.87 billion.

External demand remained weak and constrained the expansion of exports while rising costs, including exchange rate and wages, kept weighing on domestic exporters.

In addition, trade friction slowing industrial activity at home reduced imports of raw material, Zheng said.

Chen Hufei, a researcher from the Bank of Communications, said that weak demands at home and abroad jointly accounted for the continued slowdown of China's exports and imports.

Source:chinadaily.com.cn
 
Hot News
Featured Partners
 
Featured sites: Chemical Network | ChinaChemical Network | Chemical CAS database | ChemNet Mall | China Commodity price
Texindex  |  Site Map  |  Online Server  |  Offline Server  |  Partners & Links
Terms of Use  |  Privacy Policy  |  Disclaimer  
Copyright © 1999-2022  YesHiTech (Zhejiang) inc. All Rights Reserved 浙B2-20090135-2 浙公网安33010602010414
Contact:succeed@texindex.com Tel:86-571-87671500 Fax:86-571-88228200