免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

By Jiang Wei (China Daily)
Updated: 2008-01-12 09:17

China's trade surplus increased more than 47 percent year-on-year in 2007 but experts expect growth to slow down this year.

The surplus hit $262.2 billion last year, up 47.7 percent from the previous year, according to statistics released on Friday by the General Administration of Customs.

Related readings: 2007 trade surplus hits new record - $262.2B Trade surplus behind China's emission growth: Report Exports slow but surplus up China tries to balance trade surplus growth

"Year-on-year growth in monthly imports has exceeded 25 percent for three months in a row, which contributed to the slowdown in surplus growth," the customs said. "And the country's soaring trade surplus eased a bit in the fourth quarter last year, with imports catching up and exports slowing down."

The government has taken various measures to curb the growing surplus, such as scrapping tax rebates on high-polluting exports and imposing export tariffs. As such measures continue to have an effect this year, experts believe the gap between exports and imports will narrow gradually.

"As a result of policy adjustment, exports in such sectors as steel and textiles are expected to drop markedly," said Zhang Yansheng, director of the International Economic Research Institute affiliated to the National Development and Reform Commission.

He predicted China's net exports of crude steel would decline to 36 million tons this year from 53.1 million tons in 2007.

And pursuing a "soft landing" in terms of trade will be a priority of the government's work this year, Zhang said.

However, Citigroup economist Huang Yiping argued China's exports should continue to grow strongly so long as the United States avoids a recession.

"We are not expecting the surplus to decline substantially," Huang said. "We are still expecting the overall trade surplus to rise a bit further" this year.

Exports reached $1.22 trillion last year, up 25.7 percent from a year earlier, while imports hit $955.8 billion, up 20.8 percent.

According to the customs, since China joined the World Trade Organization in 2001, its foreign trade volume maintained over 20-percent growth for six successive years.

The EU topped China's trade partners in 2007, followed by the United States and Japan.