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China: China's foreign trade up 4 pct in first 9 months
Storyline: China's foreign trade up 4 pct in first 9 months [Voice_over] According to the General Administration of Customs of China,in the first and second quarter of this year, foreign trade value increased by 1.3 percent and 4.5 percent respectively. In the third quarter, the figure expanded by 6 percent to 11.8 trillion Yuan, or 1.65 trillion US Dollars, registering positive year-on-year growth for eight consecutive quarters. [Sound_bite] Wang Jun, Deputy head, General Administration of Customs: "In the first seven months this year, China's merchandise trade volume accounted for 11.8 percent of the total global merchandise trade value, maintaining its position as the world's largest merchandise trading nation. The upgrading of China's key industries and the optimization and innovation of product structure are new drivers for imports and exports. In the first three quarters, China's exports of industrial robots grew by almost 55 percent and exports of wind turbines grew by 24 percent. " [Voice_over] Exports of high-tech products, including electronic information products, high-end equipment, and instruments and apparatus rose by 8 percent, 22 percent, and 15 percent respectively. [Sound_bite] Wang Jun, Deputy head, General Administration of Customs: "The world economy is facing a growing number of unstable factors, but China boasts a stable economic foundation, strong resilience, and a prominent advantage of a super-large market, which will continue to provide impetus for the development of foreign trade." [Voice_over] The exports of China's trendy toys, domestic products, and intangible cultural heritage products also reflect the international influence of Chinese culture. China Customs will continue to optimize convenient customs clearance services to support the global expansion of domestic products. [Restrictions : No access Chinese mainland]
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