Is China’s status as a major trading nation shaken?

Expert: Less than "204billion dollars” is more important than w88 transformation and upgrading

(Source: China Daily Network2017-2-25 Reporter: Tu Tian）

Recent data shows that in US dollars,2016China’s imports and exports were less than those of the United States204billion US dollars. Since China2013It has surpassed the United States since 2016 and became the world's largest trader of goods. This time, China's import and export volume was overtaken by the United States, which naturally attracted the attention of the outside world. So, less204billion US dollars, does it mean that China’s status as a trading power has been shaken?

at21At a press conference held today (Tuesday), the Ministry of Commerce stated that in terms of US dollars,2016China’s imports and exports were less than those of the United States204billion US dollars, which is mainly caused by exchange rate fluctuations and commodity prices in the international market.

The Ministry of Commerce emphasized that China, as a major trading and exporting country, has a yearly w88 volume of nearly4Trillions of dollars,201614663_146905000—6000$100 million. Surplus exceeds5000$100 million. Fluctuations of tens of billions of dollars are relatively normal due to short-term market factors. The fundamental goal of developing import and export w88 is to develop the national economy and improve people's lives. The era of relying on low-cost development of foreign w88 is over. China will not blindly expand exports at the expense of domestic resources and the environment. It will pay more attention to the quality and efficiency of growth than to scale and speed.

In response to this data, experts also pointed out that it is normal for a surplus of tens of billions of dollars to occur due to short-term market factors. There is no need for the outside world to worry about "less204Billion" is an over-interpretation, and our country is in a period of transformation and upgrading of w88. Transformation takes time, and it is inevitable to encounter some setbacks. We cannot conclude that China's status as a major trading country has been shaken just because of short-term changes.

Professor Tu Xinquan, Dean of the China World w88 Organization Research Institute at the w88 casinoIn a recent interview with a reporter from China Daily, he said that the impact2016One of the main reasons for my country's import and export performance in 2018 was the appreciation of the US dollar, which also led to changes in my country's import and export data denominated in US dollars. But for such a result, the outside world does not need to pay too much attention to it. Fluctuations are actually normal.

“When it comes to big trading countries, the first (ranking) is a big country, and the second is also a big country,”Tu Xinquansaid, "my country's w88 structure is changing, and adjustments are inevitable. During this 'transformation period', cheap things have become less competitive, and good things have just become more competitive. This transformation and upgrading requires a process. And it has not been long since we surpassed the United States to become the world's largest trader of goods, so it is normal to encounter setbacks."

Tu Xinquanalso emphasized that exports are more important to show a country’s w88 competitiveness.201619879_19932

For the performance of my country’s w88 import and export this year,Tu XinquanIt is also predicted that the world economy is also showing signs of rebound, the external environment has improved to a certain extent, and domestic overcapacity reduction and other achievements have been remarkable, it is expected that the overall situation of w88 import and export this year will be relatively optimistic.

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