Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Trade surplus shrinks 63% in February
Adjust font size:

China's trade surplus fell 63 percent to US$8.56 billion in February from a year ago, the General Administration of Customs said on its Website today.

Exports climbed to US$87.37 billion last month, a year on year climb of 6.5 percent, the administration said.

Imports in February surged 35.1 percent to US$78.81 billion from a year ago, reflecting strong demand in an economy that is expected to grow at least nine percent this year after an 11.4 percent expansion in 2007.

The trade gap with the United States, China's second biggest trading partner, shrank 23 percent to US$9.4 billion from a year ago, the administration said.

The gap with the European Union, the biggest trading partner, narrowed 15 percent to US$10 billion, it added.

China's trade surplus hit a monthly high of US$27 billion in October last year and the figure for 2007 accumulated to a record US$262.2 billion, adding pressure to the government as it tries to absorb excess liquidity on the market and appreciate the yuan, according to previous reports.

China has levied taxes and cut rebates on exports while charging less import taxes to adjust the nation's trade structure. The growth rate of overall trade began to slow in the latter half of 2007 with imports rising substantially to better balance the surplus.

China will shift its focus to managing the yuan's exchange rate against currencies of its biggest trading partners and not just the dollar, allowing for a broader appreciation, Li Yang, former central bank adviser and head of financial research at the Chinese Academy of Social Sciences, said last month.

1   2    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Trade surplus likely to 'last for another period of time'
- Trade surplus falls to lowest since May
- Monthly trade surplus up 22.6% in January
- Tackling trade surplus and prices key issues
- Trade surplus increases 47% in 2007
- China's trade surplus hits new record
Most Viewed >>
- China outclicks the US
- 2008 Geneva Car Show
- Indonesia to renegotiate gas price for Chinese buyers
- Auto production, sales grow a bit slower last year
- Nestle wins trademark suit over Dumex

May 15-17 Shanghai Women's Forum Asia

Dec. 12-13 Beijing China-US Strategic Economic Dialogue

Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 最好看的2018中文字幕高清的| 一个人看的免费观看日本视频www| 精品国产一区二区三区久久影院| 国产高清一级毛片| 一本一本久久a久久精品综合| 欧美成人免费全部色播| 国产jizzjizz免费看jizz| 91香蕉视频直播| 天天综合亚洲色在线精品| 中文字幕日韩一区二区三区不卡 | 亚洲一级在线观看| 精品国产第一国产综合精品| 国产精品乳摇在线播放| 一级一片免费视频播放| 无码精品人妻一区二区三区中| 久久精品免费一区二区| 校园春色另类小说| 亚洲国产精品福利片在线观看 | 网站正能量www正能量视频| 国产亚洲真人做受在线观看| 黄色软件下载免费观看| 在车里被撞了八次高c| √在线天堂中文最新版网| 恋脚app直播软件| 久久香蕉国产线看观看亚洲片| 男女激烈试看120秒动态图| 农村老熟妇乱子伦视频| 国产精选之刘婷野战| 在线观看视频日韩| japanese国产中文在线观看| 婷婷六月天在线| √最新版天堂资源网在线| 忘忧草视频www| 久久狠狠高潮亚洲精品| 最刺激黄a大片免费观看下截| 亚洲人成人77777网站| 狼人久久尹人香蕉尹人| 免费一级黄色毛片| 色播在线永久免费视频网站| 国产亚洲精品美女久久久| 蜜臀亚洲AV无码精品国产午夜.|