Home / News Type Content Tools: Save | Print | E-mail | Most Read | Comment
Foreign Trade Growth Maintains Momentum
Adjust font size:  ZoomIn ZoomOut

Foreign trade continued to increase quickly in the first quarter, according to the General Administration of Customs yesterday, but though growth of imports lagged behind that of exports, exporters said it did not mean that imports growth would stagnate.

"I would attribute this comparatively low rate of growth in imports to a large imports base in March last year," said Gao Hong, researcher at the Chinese Academy of Social Sciences.

Trade volume hit US$295.2 billion in the first three months of 2005, reflecting a year-on-year increase of more than 23 percent.

Exports increased nearly 35 percent to US$155.9 billion, while imports grew 12.2 percent to US$139.3 billion - a trade surplus of US$16.6 billion.

Both general trade and processing trade continued to grow robustly.

In March, exports stood at US$60.87 billion, up 32.8 percent on 2004, and imports reached US$55.14 billion, up 18.6 percent.

The month's trade surplus of US$5.73 billion compared favorably to the deficit of US$540 million in March 2004, when imports grew by 40 percent year-on-year to US$45.8 billion.

Economic ties with major trade partners were also strengthened in the first quarter of this year.

With bilateral trade volume worth US$47.1 billion, the EU ranked first among China's trade partners. The US and Japan took second and third places with trade volumes of US$43.6 billion and US$41.2 billion respectively.

Meanwhile, steady growth in tax revenue was reported in the first three months, according to the State Administration of Taxation, up 20.4 percent on the previous year to 756 billion yuan (US$91.1 billion).

Tax rebates for exports reached 67.2 billion yuan (US$8.1 billion) during this period, which is also seen as supporting foreign trade growth.

In the first quarter, US$84 billion in foreign trade of high-tech products was reported, up 26.2 percent on the same period last year, according to the Ministry of Commerce (MOFCOM).

At a press conference held on Monday in Beijing at the China Hi-Tech Fair 2005, Wei Jianguo, vice minister of commerce, said that the high-tech industry has maintained rapid development and witnessed booming foreign trade.

From January to March this year, imports of high-tech commodities were valued at US$40.29 billion, up 20.4 percent year-on-year, while exports stood at US$43.7 billion, up 32.3 percent.

(China Daily, Xinhua News Agency April 12, 2005)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Exports of High-tech Products Hit Record High in April
- China Jumps to Be World 3rd Largest Trader
- Hi-tech Trade Tops US$300b
- Year 2005 to See Favorable Foreign Trade Balance
- Foreign Trade Jumps 33% in January
- China Pays US$48b in Export Tax Rebates

Product Directory
China Search
Country Search
Hot Buys
主站蜘蛛池模板: 日韩视频中文字幕精品偷拍| 99久久精品国产一区二区成人 | 欧美极品少妇无套实战| 国产在线精品国自产拍影院同性 | 日韩中文字幕网| 亚洲综合小视频| 象人族女人能吃得消吗| 国产麻豆精品手机在线观看| 中文字幕精品一二三四五六七八| 欧美国产日韩a在线视频| 午夜一级毛片免费视频| 久热中文字幕在线精品免费| 天海翼视频在线| 久久久久人妻精品一区三寸| 欧美日韩亚洲国内综合网香蕉| 人妻被按摩师玩弄到潮喷| 被公侵犯肉体的中文字幕| 国产精品无码久久av| yellow2019电影在线高清观看| 日韩电影免费观看| 亚洲热在线视频| 热re99久久精品国99热| 四虎影视永久免费观看网址 | 亚洲制服丝袜中文字幕| 欧美疯狂xxxx乱大交视频| 又大又粗又爽a级毛片免费看| 欧美精品videossex欧美性| 大屁股熟女一区二区三区| 久久99久久99精品免观看| 欧美一级中文字幕| 亚洲日韩国产欧美一区二区三区| 精品三级久久久久久久电影聊斋 | 亚洲欧美另类精品久久久| 精品人妻少妇一区二区三区| 国产在线精品二区赵丽颖| 黑白禁区在线观看免费版| 国产高潮国产高潮久久久| 99视频在线观看视频| 大象视频在线免费观看| fc2免费人成在线| 成人国产永久福利看片|