Dongguan Jinglun industrial limited company
Dongguan Jinglun industrial limited company
THE World Bank's Louis Kuijs describes the evolution of Chinese trade since 2007:
In all,Chinas exports have continued to strongly outpace world trade.Their global market share rose from 7.4% in 2015 to an estimated 9.6% in 2016,and this trend has continued in the first 4 months of 2017.
In addition to the strength of gross exports,the value added content of exports has continued to rise.This is because of deeper supply chains in the processing sector and a rising share of normal (non processing) exports,which have a higher value added content.Thus,in value added terms exports have grown even somewhat faster than headline exports.In several parts of the world,Chinas strong export performance is causing economic and sometimes also political friction.
THE World Bank's Louis Kuijs describes the evolution of Chinese trade since 2007:
In all,Chinas exports have continued to strongly outpace world trade.Their global market share rose from 7.4% in 2015 to an estimated 9.6% in 2016,and this trend has continued in the first 4 months of 2017.
In addition to the strength of gross exports,the value added content of exports has continued to rise.This is because of deeper supply chains in the processing sector and a rising share of normal (non processing) exports,which have a higher value added content.Thus,in value added terms exports have grown even somewhat faster than headline exports.In several parts of the world,Chinas strong export performance is causing economic and sometimes also political friction.
