The electric power industry interest expenses exceed total profit
The general administration of customs 10,, according to figures released in August for $17.76 billion trade surplus, following the July 30 months after a record high in back sharply. August imports $155.56 billion, up 30.2%, a monthly import scale refresh in March of a $152.26 billion history records.
Analysts believe that the trade surplus obviously narrow, import innovation high is China's "import, export, steady expansion of foreign trade policy came surplus" continued caused by fermentation. With the increasing pressure in export, the trade surplus or will further narrow, the Chinese economy will face downside or trend.
Policy thrusting import soar
The customs statistics, August China import and export value is 328.87 billion dollars, up by 27.1%. Among them, the export $173.31 billion, up 24.5%; Imported us $155.56 billion, up 30.2%, surpassing the march of this year a record $152.26 billion. Monthly trade surplus for $17.76 billion, far less than the $31.48 billion surplus last month.
China international economic exchange center, a researcher at the royal army said on August trade surplus, narrow, import and export a policy guidance, the foreign trade situation is still need not worry. Short-term
Vice minister of commerce jiang yaoping, since this year have said that the mofcom together with the relevant departments further study to adjust import duties to promote the imports. During the first half of the two countries regulate some product import tariff temporary tariff rate, reduce including product oil, the 673 kinds of products import tariff is. In addition, the chamber of commerce has work with customs, quality testing department extended booking customs clearance and inspection of research, improve the customs clearance efficiency measures related to import business for enterprises to develop, create the environment of convenience and fast.
Our country since July 1 come down with energy, raw material primarily 33 tax items of goods import duties, this is in the earlier this year to 600 DuoZhong goods has lower import tariffs on implementation is on the basis of a larger efforts and the lower taxes measures.
Department of foreign trade department, priests WenZhongLiang has pointed out that China foreign trade policy has always emphasize realize trade balance, not to pursue trade surplus, future will still further from a policy and measures to encourage active effectively expand imports.
Export or continue to slide
The customs data shows, August, of our country export $173.31 billion, annulus comparing fell 1.1%. Analysts said that as the export of complete and gradually order the us and Europe market weakness in the emerging in our country in the future, the export of several months with the great pressure, exports will continue to slide or. The next few months or face downward trend, the economy.
China international economic exchange center researcher ZhangYongJun says, foreign trade accord with basic data, surplus expected reduced to reduce internal foreign exchange, foreign can relieve pressure gap yuan appreciation pressure. At the same time, a big increase in imports to curb domestic inflation also have positive effect, can alleviate the pressure of the macroeconomic regulation. Although foreign trade status from data to see there is no need to worry, but temporary export the deterioration of the environment is not allow to ignore. At present the world economic recovery increased uncertainty factors, the debt crisis is still up in the air, the foreign trade environment will deteriorate further. At the same time, released last Friday by the value added of industry, a significant slowdown is worth to pay close attention to the trend of the economic downside.
The royal army points out, from the economical forward-looking indicators look, export orders in September in decline. At the same time, by international environmental degradation on foreign trade lag effect of the next few months, including the global and China's overall economic trends will be down.
Data shows, the first 8 months, bilateral trade worth $372.14 billion, an increase of 21.8%. Over the same period, bilateral trade value is 285.65 billion dollars, up by 17.8%.
Macro analysts NieWen huabao bird trust, Europe debt crisis concerns about the future of China's exports may cause influence, after all, China's export of Europe and the proportion of China's exports accounted for about 40% of the proportion of the debt, once the bank system, the influence to Europe to the real economy and demand, and negative effect on China's export market the influence.