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
Home > News Brief > China
China's foreign trade up by 24 percent in first four months
Latest Updated by 2006-05-16 11:45:25
Related News
Luxury brands win trademark lawsuit
The trade deficit and the dollar dominance
China aims for 20% rise in high-tech goods trade
Iraq-China flights get traders support
China may top US as India's lead trade partner
Calculation of US Trade Deficit Not Accurate
China
China approves 1st financing project by listed firm
Peking University tops list
China's foreign trade up by 24 percent in first four months

China's foreign trade value soared 24 percent to reach 514.72 billion US dollars in the first four months of this year, according to statistics from the General Administration of Customs (GAC).

In the four months, China's total export value reached 274.24 billion US dollars, up 25.8 percent over the corresponding period of last year and import value totaled 240.48 billion US dollars, an increase of 22.1 percent.

In April alone, the foreign trade value grew 19.8 percent to 143.44 billion US dollars. Exports came to 76.95 billion US dollars, up 23.9 percent, while imports surged by 15.3 percent to 66.49 billion US dollars.

The GAC statistics show China witnessed a rapid growth in general trade and a strong growth in processing trade in the first four months.??

From January to April, China's general trade volume amounted to 218.38 billion US dollars, a rise of 22.1 percent. Exports increased by 24.5 percent to 114.89 billion US dollars and imports rose 19.5 percent to 103.49 billion US dollars.

During the same period, processing trade volume reached 245.46 billion US dollars, up 24.9 percent. Exports jumped by 25.9 percent to 148.14 billion US dollars and imports increased by 23.3 percent to 97.32 billion US dollars.

During January-April period, the European Union continued to be China's No.1 trade partner with bilateral trade volume coming to 78.62 billion US dollars, up 20.5 percent.

The United States remains China's second largest trade partner with trade volume with China reaching 77.29 billion US dollars, an increase of 26.2 percent.

Japan is still China's third largest trade partner, its trade with China totaled 64.12 billion US dollars, a rise of 11.5 percent.

In addition, China's bilateral trade with the ASEAN grew 22 percent to 47.06 US dollars.

Machinery and electronics products remain the major driving force of China's exports with the volume jumping by 32.7 percent to reach 158.72 billion US dollars.

In imports, China saw a slight increase in refined oil and soybean, but a sharp decrease in steel.

Editor: Yan

By: Source: People's Daily website
Previous:  Peking University tops list  Next:S. China prepares for first tropical storm of the year


Palm print wall for memory


Golden rest room to increase in value


[Group Photo]Guangzhou Baiyun Mountain


Las Vegas Sands Co. invests 2 bn USD in Hengqin Island


"The Promise" crew reacts to accusation
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