With a mild recovery of the global economy, the world merchandise trade grew with fluctuations in the first half of 2013. From January to June, the
global trade in goods expanded steadily, though with different degrees of growth
every month. Due to the improvement of global economy, the world trade in the
second half year will be better than the first half of the year. Bilateral and regional
economic cooperation are deepened, which will stimulate the development of the
intra-regional trade to some extent. We estimate that the global trade growth rate will
be around 2. 5 ~ 2. 8% in 2013. In view of the improving world economic situation,
global trade will grow steadily in 2014 and the growth rate may be higher than 4% .
Going beyond the framework of the Doha round, WTO continues to make new
explorations and efforts for the improvement of the multilateral trade system. At the
same time, FTA is still favored, TPP and TTIP negotiations have made progress to
some degree, but still face quite a few difficulties. Once an agreement is reached, the
international trade rules may be reshaped.
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