Zhong Shan – China Would be Largest World Exporter Overtaking Germany
2009 Was a tough year for all countries, But According to Report, China has managed to emerge as World biggest exporter in 2009 replacing Germany which was earlier on the top of this list.
Zhong Shan, vice minister of Ministry of Commerce (MOC) of China Said that ” China’s exports in 2010 will grow, and there’s no doubt about that”
China’s exports were hit hard by 18.8 % in this year due to decrease of sales in other countries but despite of that market share of china for various products has increased according to Zhong.
According to Zong exporting 30 million t-shirts is more beneficial for the Chinese economy as compared to exporting one Boeing. Zong explained that Exporting 30 million t-shirts would create 10,000 new job that would support 30,000 people , therefore Chinese Government would Support labor extensive industries which create more job opportunities for Domestic People
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