Ministry of Commerce held a news conference to introduce China’s current economic situation and other issues
14:05 to reports, the Ministry of Commerce held a regular press briefing on the current hot issue of economic and trade fields, answered a reporter’s question. China Voice Connection meeting this morning at the scene of the latest situation of Wang Jian.
Voice of China: In today’s news conference what the latest news?
Reporter: First of all, there is a news this afternoon, the Ministry of Commerce Vice Minister Jiang Yaoping led China to promote trade and investment mission to visit Russia, Slovakia and Croatia, we know that President Hu Jintao will visit the three countries mentioned above, at the same time the delegation will meet with the relevant enterprises in trade and economic cooperation talks held in many areas of trade cooperation. Pork prices are now very much down, on the one hand, increasingly high price of pork last year, a lot of people to raise pigs and another reason to have a Type A H1N1 influenza, we launched a three-tier plans, starting from last Saturday start, the collection of frozen pork, such a policy has now been launched, the two most important news is the case.
Voice of China: I have heard that the core of the problem is that China’s current economic situation, please describe to us.
Reporter: Many people are concerned about how to the foreign trade situation, I tell you the situation of foreign trade in May or the month is not particularly desirable. To 7 months has been down for export, in May was the largest decline, 26.4 percent is probably more than a quarter. Therefore, this figure did not particularly good, but there are reasons for this respect, we all know that the main reason is lack of external demand. We dropped by 26.4%, but look at the relevant countries and regions of imports, the United States, European Union, Japan, we export most of these areas, the United States fell 29.9 percent, almost 30%, and the European Union dropped 30.8 percent, Japan 29% decline in They cut their imports by 30% to more than 26.4 percent decline in our exports, from this perspective is a very good figure.
The other hand, we have taken a lot of policy by the end of May, the State Council executive meeting to study the stability identified the need for further measures to improve service levels in all aspects to help China’s export enterprises, especially SMEs, to keep our market share and the status of all markets.
Voice of China: This is a expected to achieve.
Reporter: Yes, the domestic market and our exports were basically the two extremes, is a booming domestic market, we know that in May there are two sections, one is “51″, a “Dragon Boat Festival”, so in the holiday particularly good during the consumer. May I got the figure is the total social consumption is 1.0028 trillion yuan, up 15.2 percent, an increase soon. In addition, we know that out of the CPI is down, we are not excluded from the price factor, then, is to cover inflation, then speed up in April than 0.4 percentage points, the policies we have introduced shows good results, household appliances rural areas for sale in May reached 2.23 million units in April sales than an increase of 42%, this is not a small figure. June 1 of the State Council made a policy of home appliances TM, TM is now published approach, if the introduction of this policy, the cumulative effect of adding home appliances to the countryside, the effect will certainly be more apparent.
Voice of China: the presence of the press may also be referred to the previous topic, Teng said in a matter Hummer Heavy admission, Aluminum and Rio Tinto, and is not to become a focus of attention?
Reporter: Yes, on the acquisition of Proton Heavy Hummer in the matter, YAO Jian, spokesman of the Ministry of Commerce said that he also learned the situation, in accordance with our country there is a management approach to foreign investment, the acquisition of more than 100 million U.S. dollars of funds have to report the Ministry of Commerce to carry out examination and approval, if it is less than one hundred million U.S. dollars, you can record in local sales. So far, because it is more than 1 million, about 500 million, it should be reported to the Ministry of Commerce, but the Commerce Department did not receive the relevant declaration. YAO Jian, spokesman of the Ministry of Commerce said that companies in this economic environment, what should be done under the investment is carried out in accordance with market practices, the Ministry of Commerce not to interfere too much, he mentioned that all of the economic behavior of enterprises who are investments, who gains and who take risks. He also reminded the companies that make a good decision-making time to take into account various factors. He said that Rio Tinto aluminum and the matter is also the case according to its own business, according to market the decision of this case, we are afraid this time will not see too much out of China, the pace of business, will certainly be setbacks, but This case will not affect China’s efforts to go out, it would not affect China’s and Australia’s economic and trade development between the two countries.
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