China's foreign trade grew steadily
from the May export data to see, the European debt crisis on China's export less than expected, and this shows that China's export recovery better than market expectations, but the future foreign trade situation is still not optimistic.
in May, China's foreign trade export $131760000000, growth of 48.5%, 18.1 percentage points higher than last month, strong growth record high since March 2007. Analysts pointed out that the high growth in May China's exports benefit from the same period last year the base is low, but also the recovery of the world economy under the background of external demand recovery growth stimulating results. Experts predict, China's foreign trade will be steady growth this year.
according to customs statistics, the first 5 months, China's import and export value of $1100090000000, grow 44% compared to the same period last year. The export of $567740000000, growth of 33.2%; imported 532350000000 US dollars, an increase of 57.5%; trade surplus of $35390000000, down 59.9%.
before May, China EU bilateral trade growth of 37.4%, the European debt crisis affecting less than expected in the European debt crisis, the world economy “ bottom two ” influence factors such as foreign trade concerns, data of May caused multi attention. Most analysts think, from the export data in May, the European debt crisis on China's export less than expected, and this shows that China's export recovery better than market expectations. From the current perspective, the European debt crisis on the impact of import and export in our country is still not great.
5 this year the first month, Chinese EU bilateral trade value of $177490000000, growth of 37.4%. Over the same period, the Sino US bilateral trade value is 138680000000 dollars, growth of 28.2%. ASEAN with weak advantage over Japan has become China's third largest trade partner. Bilateral trade amounted to US $111800000000, growth of 57.5%. Over the same period, China and Japan bilateral trade value is 111560000000 dollars, growth of 38.8%.
Galaxy Securities analyst Zhou Shiyi macro view: “ despite the turmoil in European financial markets recently, Europe's economic prospects remain optimistic. ” America Conference Board announced in May 27th data show, the eurozone in April leading index rose 0.9%, to 110.4 points, the previous two months rose respectively 1.2% and 0.5%. This shows that, the economy out of recession, recovery is continuing, leading index has returned to the steadily rising process, suggesting the second half of this year will moderate recovery in economic activity.
at the same time, American economy also showed sustained momentum of improvement. Zhou Shi said: “ in a good environment, the real estate economy stabilizes, stable employment begins to improve, American residents of consumer confidence improved. ” in May, the U.S. consumer confidence index for third consecutive months of strong, rose to 63.3, the expected value for the consumers also rose to its highest level since August 2007.
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