NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Current Home > Business > Biz Headlines
Slump in exports of Xmas goods continues
Latest Updated by 2006-11-07 16:53:34
Related News
Bar fire kills 26 Xmas revellers in Guangdong
[Shenzhen] Spending on Xmas rises
Business News
Chinese economy shows signs of "soft landing": report
First train ferry across Bohai sea begins service
Slump in exports of Xmas goods continues

Exports of Christmas commodities made in Guangdong Province are still in the slump that hit the industry in 2004, a local customs spokesman said.

The officer of the Huangpu Customs of Guangdong said the province's Christmas commodities exports were only 550 million U.S. dollars in the first nine months, just 1.7 percent up on the same period last year.

July, August and September, the mid-season for Christmas commodities, had passed, and the province's exports are unlikely to rise in the final three months, he said.

Guangdong exported 640 million dollars of Christmas commodities in 2002, a rise of 22.3 percent year-on-year, and its exports in 2003 edged up by 25.2 percent to reach 790 million dollars.

However, in 2004, Guangdong just exported 630 million dollars of Christmas commodities, down by 20.1 percent from 2003. The figure last year was 620 million dollars, down 1.8 percent year-on-year.

Exports of China-made Christmas commodities have been hindered by rising costs of raw materials and increased competition for the foreign markets, the customs spokesman said.

As Christmas gained in popularity among Chinese, especially young people, many manufacturers have focused on the domestic market and reduced their exports.

Many Chinese Christmas commodities also failed to meet quality and safety standards in the European Union, the United States, Canada, Australia and other countries, the official said.

Customs officers are advising domestic manufacturers to diversify their products and improve quality to sharpen their competitiveness on the international market.

China's total export value of Christmas commodities was about 1.07 billion dollars each year in 2004 and 2005.

Editor: Yan

By: Source: Szdaily web edition
Previous:  First train ferry across Bohai sea begins service  Next:China's foreign trade volume to hit 1.7 tril USD


Citizens Pay Last Respects to Patriot Fok


Mountain climbing festival opens


Chen Family Ancestral Hall in Guangzhou


Foshan 1st ring expressway to open to traffic


Gong Li,a Foxxy Lady
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips