China's foreign trade growth rate will stabilize at a low level in the second quarter of this year
2023-03-04 10:06:50
On April 27, the Ministry of Commerce issued the "China's Foreign Trade Situation Report (Spring 2012)". The report pointed out that China's foreign trade growth rate will stabilize at a low level in the second quarter. In 2012, the overall growth will remain stable, but the growth rate is higher. In 2011, it fell back and the trade balance situation improved further. The report believes that in the first quarter of 2012, due to factors such as shrinking international market demand and rising domestic costs, China's foreign trade growth rate has slowed significantly. In 2012, China's foreign trade maintained stable development with certain favorable conditions and positive factors. However, the challenges and difficulties faced by China's foreign trade development have increased, the constraints are complicated, and the situation is not optimistic. Taking into account various factors, China's foreign trade growth rate will stabilize at a low level in the second quarter. In 2012, the overall growth will maintain a stable development. However, the growth rate has declined from 2011 and the trade balance has further improved. The report also pointed out that in view of the current severe and complex domestic and international environment, China's foreign trade will be based on steady progress, focusing on stabilizing growth, adjusting structure and promoting balance.
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