Global EditionASIA 中文双语Français
Business
Home / Business / Macro

MOC: China maintains relatively rapid growth in export

By Sun Chi | chinadaily.com.cn | Updated: 2021-06-04 15:42
Share
Share - WeChat
Aerial photo shows a cargo ship pulling out at the Qianwan Container Terminal in Qingdao, East China's Shandong province. [Photo/Xinhua]

China has maintained a relatively rapid growth in export so far this year, Gao Feng, spokesman for the Ministry of Commerce, said at a news conference on Thursday, the Economic Information Daily reported.

Survey showed 43.2 percent of the over 20,000 firms which participated in the 129th China Import and Export Fair said they had at least three months orders on hands.

"China will hopefully maintain the momentum in export in the first half of the year," Gao said.

Data showed China's foreign trade continued to grow in the first four months, registering 11.62 trillion yuan ($1.81 trillion) of the total foreign trade volume, up 28.5 percent from a year earlier, a record high over the same period in history.

But analysis said China also faces challenges in foreign trade. Recent data from the National Bureau of Statistics showed the index of new export orders in May fell below the critical point to 48.3 percent, 2.1 percentage points lower than that of last month, reflecting reduction in foreign orders and weak international demand. In addition, companies said price hike of materials, exchange rate fluctuation and unsmooth marine logistics are other challenges.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China 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 0108263

Registration Number: 130349
FOLLOW US
CLOSE