皇冠体育app

Business
/ / Macro

皇冠体育app's exports 'continue to face obstacles'

By Li Jiabao | chinadaily.com.cn | Updated: 2013-07-10 15:09

皇冠体育app's exports 'continue to face obstacles'

皇冠体育app's foreign 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 皇冠体育app's exports and imports.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US