Examples of using Primary commodity in English and their translations into Chinese
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Political
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Ecclesiastic
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Programming
The Chairperson of the Group of 24 stressed that the global economic slowdown would have a special impact on developing countries by negatively affecting primary commodity prices and by weakening adjustment efforts and growth.
Consequently, the mid- and late-1970s' boom in many developing countries was abruptly followed by a global recession with sharply reduced primary commodity prices and export earnings.
For example, even though the volume of exports is increasing for many commodities, the free fall of primary commodity prices ensures that the value of exports remains constant or deteriorates.
However, this trend was uneven and came to an abrupt end in 2008, when the world experienced an exceptional increase in primary commodity prices for both food and energy.
Value addition to primary commodities is critical to climbing the ladder of development.
Primary commodities continue to dominate Africa's exports;
In the first four months of 2013, primary commodities prices were under downward pressure, though still high from a historical perspective.
Furthermore, they remained heavily dependent on trade in limited primary commodities, subject to high price volatility and fluctuating global demand.
Moreover, the World Bank' s price index for primary commodities from low- and middle-income countries has fallen steadily since 1995.
International prices for primary commodities remain elevated by historical standards, but face downward pressure in the outlook period.
In the baseline outlook, the prices of oil and other primary commodities will moderate in the second half of 2011 and 2012.
However, those primary commodities will not provide the countries with the basis to become dynamic growth economies.
Developing countries that remain dependent on exports of primary commodities, however, have largely been marginalized in the process of global integration.
As noted above, the average share of primary commodities exports across the least developed countries rose significantly, in part due to continued high prices.
In this connection, the decline in trade, especially primary commodities, has a direct relation on developing countries' ability to import goods essential for development.
Primary commodities were being sold at low prices, which were processed by developed nations and sold back to the poor at high prices.
Primary commodities had accounted for 79 per cent of least developed countries' exports of goods in 2012.
Primary commodities made up almost 80 per cent of the least developed countries' exports of goods during the reporting period.
Recommendations on the sound management of natural resources and reduction of primary commodities imports(recommendations 111- 112).
With regard to FDI in natural resources, the soaring prices of oil and primary commodities in the past few years had influenced the pattern of global FDI.