Ferrosilicon Daily Express 3.18

  • Friday, March 19, 2021
  • Source:ferro-alloys.com

  • Keywords:ferrosilicon,futures,spot
[Fellow]China's foreign trade soared by 32.2 percent on a yearly basis to 5.44 trillion yuan ($837.3 billion) in the first two months of the year.
[Ferro-Alloys.com] China's foreign trade soared by 32.2 percent on a yearly basis to 5.44 trillion yuan ($837.3 billion) in the first two months of the year, creating more confidence in the prospects of export growth and economic recovery for the rest of the year, officials and experts said on Sunday.

They said outstanding new trade figures released by the General Administration of Customs on Sunday proved once again that China's manufacturing sector and its foreign trade are contributing, to a large extent, to the global supply chain and meeting the demand of consumers worldwide.

China's new five-year development plan which aims to advance high-quality development and improve people's quality of life promises to lift China-Philippines economic ties. Economic relations between the two countries have seen a steady growth in recent years following the forging of a comprehensive strategic cooperation in November 2018. The level of economic ties where China has become the Philippines' major trading partner and a top investor is a stable foundation for boosting the relations under Beijing's five-year development plan.

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  • [Editor:kangmingfei]

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