Alibaba a quarter of China's export growth rate will reach 23%

 Securities Market Weekly (Xinhua Zhang Chao Yu) January 14, Alibaba (1688.HK) Public Relations by e-mail to reporters report showed that export orders index Alibaba and processing trade increased by two factors, the actual Exports rose a strong correlation between, pursuant to which Alibaba forecast the first quarter of 2011, China's export growth rate will reach 23% year on year. Among them, from Australia, Russia, South Africa, the United States exports to a single index of the four regions is stronger than other areas.

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central bank reported that 23% of exports in 2010 forecast a continuation of strong growth. 2010 $ 1,577,930,000,000 China's exports, up 31.3%; in which the general trade import and export of $ 1,488,710,000,000, up 39.9%, higher than China's national export growth rate of the year by 5.2 percentage points; $ 1,157,760,000,000 import and export of processing trade, up 27.3 %.

report also said that although the growth rate of 23% below the 2010 annual export growth rate of 31.3%, reflecting strong momentum of China's export enterprises and monetary tightening measures have not been significantly affected.

platform from Alibaba's trade data, 2010 Q4 Alibaba China export orders index continued to rebound in the first half of 2011 indicates that the export situation is fairly optimistic. The first quarter of 2011, from Australia, Russia, South Africa, the United States exports to a single index of the four regions is stronger than other areas.

export focus from the national analysis, Alibaba platform is still the United States and the EU share of export orders Alibaba larger areas. Among them, China's export orders index in the United States in December 2010 to overtake China's global export orders index, indicating that a quarter of U.S. exports to China will continue to be the main engine driving the U.S. consumer market can still be optimistic.

Alibaba, founded in 1999, is a small business e-commerce company, Alibaba Group is the flagship business. Through its market all over the world to help buyers and suppliers engaged in online business.