Overall, although the third quarter have obviously improved than the first half of China's foreign trade growth, is also likely to remain steady growth in the fourth quarter. Of course,API 5L seamless carbon steel pipe thick wall oil tube we also clearly see that the current our country foreign trade development is facing the external situation is still grim. The United States, the European Union, Japan and other developed markets, although some recovery, but significantly slower economic growth in emerging markets, and generally appeared, currency depreciation, capital outflow phenomenon such as inflation, economic slowdown. The international monetary fund recently [microblogging] and [microblogging] with the 2013 world bank lowered its global economic growth expectations. In such a situation, in the near future, especially in September we export growth fell significantly in emerging markets. China's foreign trade over the coming months will still be faced with emerging markets in the crucible of import is obviously inadequate. At the same time, because of the appreciation of the renminbi, rising labor costs and other factors to rising the cost of exports continue to haunt the enterprise.90 degree pipe fitting long radius elbow Therefore, from the ministry of commerce recently told the survey data of the national 1900 key foreign trade companies, enterprises export orders after a brief recovery in prophase, recently there have been some repeated again. Emerging economies, in case of export orders especially volatile, business confidence is also appeared some fluctuations.
To introduce you to some of the changes of the situation in front, especially serious and complicated. In spite of this, because in July China issued a series of policies and measures to promote the development of foreign trade, improve the standards of trade facilitation, comprehensive foreign trade rising cost pressures eased, and injected new impetus to the development of foreign trade. We have also recently issued relevant documents,Electric Resistance Welded carbon steel pipe to promote the development of cross-border e-commerce related foreign trade enterprise comprehensive service and support policies also be forthcoming, these are the measures to further improve the development of foreign trade power, will be conducive to the development of foreign trade.
From the ministry of commerce and the general administration of customs in the near future the enterprise questionnaire survey, in the next two or three months, the national export total should remain a small growth situation. At the same time, the recent domestic economy stabilises rally will continue to significantly boost the growth of imports, imports in September is an obvious growth, in the next few months import will also has an obvious growth. Only in September import 74.58 million m tonnes of iron ore, has set records. There is expected to continue to grow,submerged arc welded spiral steel pipes of course, is not only a iron ore such goods. In fact I just give you posted in September some imported situation, we see a lot of imports are growing fast. Therefore, we still have confidence, after arduous efforts to achieve steady development of foreign trade throughout the year and anticipated target of the transformation and upgrading. Thank you for your questions.
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