皇冠体育app

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皇冠体育app should account for 15% of global trade

Updated: 2012-05-08 13:47
( Xinhua)

NANJING - As the second-largest economy, and with a fifth of the world's population, 皇冠体育app should account for 15 percent of global trade volume, Minister of Commerce Chen Deming has said.

"皇冠体育app's population accounts for 19 percent of the global population while its current trade volume is only 10.4 percent of that of the world, so it will be totally fine for 皇冠体育app's trade to be 15 percent of the world's," Chen said at an economic meeting held in east 皇冠体育app's Jiangsu province on Monday.

皇冠体育app's trade in 2012 is more balanced than in 2011, with trade surplus accounting for a mere 2.8 percent of the national gross domestic product in the first few months of the year, according to Chen.

The commerce minister said that, given the current economic difficulties worldwide, global economic development is on a slow track and economic recovery is in a turbulent and uncertain period, so 皇冠体育app's stable growth will be a positive contribution to the world.

He is also positive about a soft landing for the Chinese economy. "For 皇冠体育app's economy to change from a relatively fast development speed to a comparatively slower and more stable speed is highly possible," Chen said.

In the next decade, 皇冠体育app will continue to open up, so as to promote development, reform and innovation and put economic growth in terms of domestic consumption and export on an equal footing, Chen told attendees of the meeting.

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