China's foreign trade situation report (spring 2008)

This report reviews the 2007 China's foreign trade development. The report pointed out that the overall environment at home and abroad are still more favorable in 2007 China's foreign trade continued to maintain steady and rapid development of import and export volume growth in six years in a row more than 20% for the first time 2,000,000,000,000 U.S. dollars has leapt to a new level, continue to top World No. 3, exports ranked No. 2 in the world. At the same time, the state promulgated a series of import and export control policies began to show effect, the import and export commodity structure was further optimized, the development of foreign trade with the new changes in the way of progress.

The report analyzed the first quarter of 2008, China's foreign trade performance. In the first quarter of the world economic growth is slowing down, the South China emerging low-temperature freezing rain and snow disasters, parts of transport, power supply was interrupted, the import and export have had some influence, but overall a good run foreign trade. Export growth continues to come down, import growth continued to accelerate; further optimize the structure of export commodities, energy resources and imports rose Growth; general trade continued to increase the proportion of state-owned enterprises significantly accelerate the growth of imports; the United States and Europe on the export growth of the significant downturn in East Asia and Active trade in emerging markets.

The report looked to the year 2008 China's foreign trade development. According to the report, in 2008 China's foreign trade environment at home and abroad face tight, especially in the export business may further increase the pressure. Therefore, enterprises should pay close attention to changes in the international market situation, crisis management skills, strengthening enterprise management, to adjust product mix, improve product quality, technological content and added value, speed up the transformation of foreign trade development.

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