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MessagePosté le: Mar 17 Avr - 08:07 (2018)    Sujet du message: yet invariably evoke the essence of the animals. Répondre en citant

ALGIERS Cheap Air Vapormax , Sept. 6 (Xinhua) -- The Plan of Action (POA) proposed by incumbent Algerian Prime Minister Ahmed Ouyahia was examined and approved at a cabinet meeting on Wednesday, official APS news agency reported.


The Council of Ministers was chaired by Algerian President Abdelaziz Bouteflika, the second time he has performed the function in a year.


Bouteflika last presided over such a meeting in mid-June when the cabinet was led by former Prime Minister Abdelmadjid Tebboune.


The POA will still need to be submitted to the two houses of the Parliament for approval before implementation.


The draft amendament to the Money and Credit Law was also examined and approved, in order to pave the way for unconventional financing of national economy.


The "exceptional financing will be accompanied by the implementation of a structural program for economic and financial reforms," Bouteflika was quoted as saying by APS.


Ouyahia, leader of the ruling Democratic National Rally (RND) and chief of staff at the President Office Air Vapormax Sale , was appointed as Prime Minister in August in replace of Tebboune.


Tebboune was dismissed after fewer than three months in office, amid heavy criticism following his pledge to fight corruption and separate "money from politics."


China-Arab States Expo opens in NW China


In pics: China's future Mars simulation base in Qinghai


Scientists inspect lakes and rivers on Qinghai-Tibet Plateau


Spectacular scenery of Hukou Waterfall of Yellow River


In pics: China's future Mars simulation base in Qinghai


Actors perform during acrobatics show in central China's Puyang


Colorful houses seen in N China's beautiful countryside


Spectacular scenery of Hukou Waterfall of Yellow River

A container terminal at the Port of Dalian in Dalian, Northeast China's Liaoning Province File photo: IC

China's trade slumped 8.8 percent, year-on-year, in September, the 7th consecutive month since March in which China saw slumping trade Air Vapormax Mens , reinforcing expectations that the Chinese government will roll out more stimulus to support the domestic economy, experts noted on Tuesday.


Data published by China's General Administrations of Customs (GAC) on Tuesday showed that exports in September tumbled 1.1 percent, year-on-year, while imports slumped 17.7 percent. The country's total trade volume in 2015 also slumped 7.9 percent, year-on-year, with exports tumbling 1.8 percent and imports falling 15.1 percent.


But there has been some improvement in China's trade compared with the previous month Air Vapormax Womens , as exports increased by 8 percent and imports rose by 10.6 percent compared with August.


Government officials have also pointed out that China's trade has been "relatively sound" this year when compared with other major economies across the world.


In a speech at a press conference on Tuesday, Huang Songping, a spokesperson for the GAC, attributed China's shrinking trade to the global economic slowdown and a worldwide downturn in trade markets.


Citing WTO statistics, Huang noted that global exports slumped 10.9 percent, year-on-year Air Vapormax Shoes , in the first seven months of 2015.


"China's trade, especially exports, has been hit to a great extent by the global economic situation," Huang noted.


The IMF also decreased its global economic growth outlook for 2015 from 3.3 percent to 3.1 percent, according to a statement made on October 6.


Huang also noted that the Trans-Pacific Partnership (TPP) - a trade agreement reached on October 5 between 12 Pacific Rim countries, including the US and Japan but excluding China - "has had some impact" on China's trade situation.


Tu Xinquan Air Vapormax For Sale , dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, told the Global Times on Tuesday that China's industrial adjustment has also affected the country's trade.


"With the rising cost of labor, China's traditional manufacturing industry is losing its advantages. This could lead to a slide in the trade volume of manufactured goods, especially labor-intensive products such as shoes and clothes," Tu noted.


China's exports of shoes declined by 4.2 percent, year-on-year Air Vapormax Flyknit , in September, while exports of clothes and other accessories fell 6.6 percent against the previous year.


GAC spokesperson Huang pointed out that there have been some improvements to the structure of China's trade and the quality of Chinese-made products.


"With the upgrading of many foreign trade enterprises, China's high-end products have gained increasing popularity among overseas traders," Huang stressed.


According to the GAC statistics, the export volume of mechanical electronic equipment climbed 1.3 percent, year-on-year Air Vapormax , in September, while exports of cellphones and parts increased 13.6 percent, year-on-year.


China's 2015 trade figures have also registered an upward trend in emerging markets. From January to September, exports to India, Vietnam and Thailand climbed 8.7 percent, 9.4 percent and 15.6 percent Cheap Nike Vapormax , respectively, over one year earlier. In contrast, exports to Japan and the European Union slumped 9.5 percent and 4.1 percent, year-on-year.


"Usually, China's exports to developed countries are mainly composed of low-end manufactured goods. Emerging markets, however Nike Vapormax Sale , are more inclined to import products with high added values from other countries. The fact that China's exports to emerging markets are increasing shows that domestic products are improving in quality," Tu told the Global Times.


According to Huang, the drop in prices of global bulk commodities like crude oil and steel has also dragged down China's imports.


Ding Jianping, a professor of finance at Shanghai University of Finance and Economics, told the Global Times on Tuesday that the depreciation of the yuan's exchange rate in recent months could positively sti.


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