Although currently China´s exports still decline, China´ s international market share has increased. At the same time, China´ s industrial structure of foreign investment has further optimized, foreign capital proportion of advanced manufacturing sectors has increased, and foreign investment in real estate dropped 36.9 percent during the first half of this year.

According to statistics, in the first 5 months this year, Chinese shares in the United States, Japan and European markets increased by 4.1 percent, 3.6 percent and 3 percent, respectively, year-on-year.

In the first half, export decline of textiles was within 10 percent, far below China´s total export decline of 21.8 percent, as China has clearly increased tax rebate rate on textile exports.

Exports of electrical and high-tech products fell 21.2 percent and 21.3 percent, respectively, year-on-year, also better than the overall export situation.

Imports and exports of processing trade narrowed decline gradually, June exports fell 15.6 percent year-on-year.

It is reported that China´s foreign trade has experienced a tremendous impact from international financial crisis. As of June this year, exports represented consecutive decline in eight months. In the face of a dramatic shrink in external demand, China has taken many initiatives in finance, taxation, customs facilitation, trade structure optimization, as well as creating a favorable international economic environment. China has achieved positive results.

Author：chh