Views: 0 Author: Site Editor Publish Time: 2021-05-08 Origin: Site
2010 foreign trade recovery, regulation begins
The world economy has been relieved from the financial crisis at this time，China's foreign trade is also beginning to recover. Under this situation, since July 15, 2010, the export tax rebate of 406 kinds of commodities have been cancelled. These commodities belong to the steel, non-ferrous, chemical, glass and plastic box rubber products industries.
In 2010, China’s exports increased by 31.3% year-on-year. Import growth also reached 38.7%, and the annual trade surplus fell for the second consecutive year after reaching a historical high in 2008.
2011 Drive high and go low
The trend of China's foreign trade in 2011 was high and low, and the export growth rate dropped from 37.6% in January to 13.4% in December. According to the General Administration of Customs, China's dependence on imports and exports in 2011 has also further dropped to 50.1%. In the future, the economy will rely more on domestic demand, the degree of dependence on foreign trade will be further reduced, and the degree of dependence on foreign trade will continue to decrease.
