Chinese new foreign trade policy marked success



21th,Sept. Ministry of Commerce released data show that in the first eight months, the average price of Chinese exports rose 10.3%, 9.1 percentage points higher than the same period of  last year. Export volume grow by 12.1%, 21.8 percentage points lower than the same period of last year. Price and volume of foreign trade growth appears to coordinate the pull of the new changes.


Shen Danyang, a spokesman for the Ministry of Commerce held a press conference in the day, said China's exports this year to achieve the stability of early pre-export and GDP growth faster than the two goals, "transfer mode, adjusting structure, promoting balance" has also been achieved positive results.


For the European debt crisis intensified, Shen Danyang said that if further slowdown in growth of

the EU's economic,it may directly affect bilateral trade, bilateral trade friction may also be



                                                                         YUSHENG STEEL