免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
China's exports grow fast in November
( 2003-12-09 22:56) (China Daily)

The increasing rate of exports outpaced imports in November, the first time this year, though the overall rate of imports from January to November still remains higher than overall exports.

Liu Wenjie, deputy director of the General Administration at Customs said at a press conference Tuesday that China's exports rose 32.9 per cent on the year to US$390.3 billion from January to November, while imports jumped 39.1 per cent to US$370.6 billion.

The trade surplus hit US$19.7 billion in the first 11 months of the year, dropping by 27.6 per cent from the same period last year.

The official did not give figures for November alone.

But by comparisons with earlier data, exports rose a year-on-year 33.6 per cent in the month to US$41.7 billion, while imports rose 28.3 per cent to US$36.87 billion.

November's surplus stood at US$4.83 billion, nearly double the US$2.47 billion seen a year earlier.

This is unusual for China but analysts say it will not reverse the trend towards more balanced trade. Li Yushi, vice-director of the Chinese Academy of International Trade and Economic Co-operation attributes the export surge to exporters' rush to sell out their goods before the new tax rebate system comes into place.

The Ministry of Commerce, the watchdog for the country's foreign trade, reiterated its commitment to balanced trade.

In fact, Minister of Commerce Lu Fuyuan has previously said that China will turn to be a larger importer this year as more than US$1,000 billion worth of goods are expected to come into the country in the coming three years.

Though China's trade surplus with the rest of the world has been reducing, its surplus with the United States keeps growing. In fact, this is a key issue in Chinese Premier Wen Jiabao's US trip.

Chinese officials on Monday urged the United States to increase their exports of electro-machinery products to China to better balance bilateral trade.

A senior Ministry of Commerce official said last week that China's foreign trade will reach US$800 billion this year.

The expected volume will place China as the fourth biggest trader in the world.

Its trade surplus this year is likely to be less than half the US$30.4 billion surplus of last year, as growth in imports outpaces export growth, he said.

"Growth in China's total trade will be only 8 per cent in 2004, down sharply from the 35.8 per cent growth in the first 11 months of this year compared with a year earlier,'' the official said.

Li predicted China's foreign trade surplus may reverse into a small deficit in 2004 due to robust demand for imports.

 
Close  
   
  Today's Top News   Top Business News
   
+Moon probe to blast off in 3 years
( 2003-12-08)
+Premier Wen urges stronger US ties
( 2003-12-09)
+Killer of 17 to be executed
( 2003-12-09)
+Guangdong to sell off islands
( 2003-12-09)
+China quickens tariff reform, plans further duty cuts
( 2003-12-09)
+New accounting rules ensure world norms met
( 2003-12-09)
+Experts: Oil price hikes good for market
( 2003-12-09)
+Bid to broaden capital base
( 2003-12-09)
+China's exports grow fast in November
( 2003-12-09)
+China to build credible conditions for investors
( 2003-12-09)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved