Others News
- China rises to be Japan's biggest trade partner in 2006
Date: 26-Apr-2007 Sources: (Xinhua Online)
The Chinese mainland surpassed the United States to become Japan's biggest trade partner in fiscal 2006 for the first time ever, according to a report released by the Japanese Finance Ministry on Wednesday.
In fiscal 2006, Japan's exports to the Chinese mainland climbed 21.2 percent to a record high of 11,314.5 billion yen (about 95.9 billion U.S. dollars), while imports from the Chinese mainland surged 13.0 percent to a record 14,113.1 billion yen (about 119.6 billion dollars), according to the preliminary report.
A ministry official was quoted by Kyodo News as expecting the trend to be continued, given recent growth in Japan's exports to and imports from the Chinese mainland.
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