Reuters cited a research report published Wednesday by the State Information Centre, China’s leading think tank, China's exports are likely to grow 8 % in 2013 from the previous year while imports could rise 7.8 %.
The report published in the China Securities Journal said that "China's foreign trade will expand slowly in 2013 as factors hampering global economic recovery may not disappear easily while China's economic growth will stabilize.”
Statistics show that exports in the world’s second largest economy grew 7.3 % year on year in the first 11 months of 2012 while imports grew 4.1 %.
The government aims for 10 % growth for combined exports and imports this year.
Reuters said that China's economy could grow 8% in 2013, with industrial output expanding 10.5%, while the government is likely to stick with the 7.5% growth goal for next year.
The economy is on track to grow around 7.7% in 2012, overshooting the official target of 7.5%
The think tank report said that China is likely to see a 3 % rise in foreign direct investment inflows next year to USD 116 billion.
