Ex­port out­look for 2014 called ‘very dif­fi­cult’

China Daily (Canada) - - NEWSCAPSULE -

De­mand in both de­vel­oped and de­vel­op­ing coun­tries is grow­ing too slowly to boost pur­chases of China’s ex­ports in 2014, ac­cord­ing to a com­merce of­fi­cial.

“Con­cern­ing for­eign trade next year, China is fac­ing a dif­fi­cult or very dif­fi­cult out­look. In other words, we have to work hard for steady growth,” Song Li­hong, deputy di­rec­tor-gen­eral of the Com­pre­hen­sive Depart­ment at the Min­istry of Com­merce, said in an ex­clu­sive in­ter­view with China Daily.

Long Guo­qiang, a re­searcher at the De­vel­op­ment Re­search Center of the State Coun­cil, said that de­vel­oped economies are see­ing a steady re­cov­ery, but their ap­petite for Chi­nese prod­ucts is weak­en­ing.

In the Jan­uary-Novem­ber pe­riod, China’s for­eign trade rose 7.7 per­cent year-on-year to $3.77 tril­lion.

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