Views: 0 Author: Site Editor Publish Time: 2021-04-30 Origin: Site
2006 exports continue to rise
Beginning in 2001, China’s total exports accounted for the proportion of annual GDP that has risen linearly, reaching its peak in 2006, reaching as high as 35.21%.
From 2001 to 2006, China’s trade with the EU increased by 2.5 times, with an average annual growth rate of 25%;The trade volume between China and the United States increased by 2.3 times, with an average annual growth rate of 24%;The trade volume between China and South Korea increased by more than 2.7 times, with an average annual growth rate of 27%;The trade volume between China and Japan increased 1.4 times, with an average annual growth rate of 16.6%.
2007 Foreign trade regulation started
Taking into account the ever-increasing degree of dependence on foreign trade, this year, the state has intensified its control in the field of foreign trade, adopting measures and measures such as imposing export tariffs, canceling or reducing export tax rebates, and expanding the list of products restricted by processing trade.Specifically: The state cancelled or reduced the export tax rebates for 712 high-energy, high-polluting and resource-based products such as steel, imposed or increased the export tariffs on 142 products, and reduced the export tax rebates for 2,268 products that are likely to cause trade frictions, such as clothing.These control policies have achieved remarkable results, and the growth of the surplus has slowed down significantly.
In 2007, the surplus was 262.2 billion US dollars, an increase of 47.7%, a decrease of 26.3 percentage points from the previous year. Especially in the second half of the year, the growth rate of the surplus declined month by month, from 86.7% in June to 8% in December.
