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China's exports to continue rebound: official

Source:   Time:

BEIJING, June 17 (Xinhua) -- China's export activity may maintain a steady rebound in the coming months as the country is faced with several favorable factors, an official said on Tuesday.

Shen Danyang, spokesman for the Ministry of Commerce (MOC), told a press conference that factors bolstering exports include recovering global demand, domestic support policies and rising confidence among Chinese export companies.

China's exports rose 7 percent year on year to 195 billion U.S. dollars in May, following a 0.9-percent increase in April and sharp declines in March and February, customs data showed.

Shen noted that government measures designed to stabilize foreign trade include a 16-point guideline unveiled by the State Council last month.

An MOC export confidence index based on exporter surveys reached 108.9 points, higher than 100 for a third consecutive month, indicating the export situation will continue to improve in the latter half of 2014.

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