Others News
- China's foreign trade valued at US$157.36 bln in first month
Date: 2-Mar-2007 Sources: (People's Daily)
Statistics released by China Customs show the country's export and import in January totaled US$157.36 billion, an increase of 30.5 percent form the same period of last year.
Exports jumped 33 percent to US$86.62 billion and imports rose by 27.5 percent to be valued at US$70.74 billion.
In the first month, exports and imports of general trade increased by 33.2 percent to hit US$71.12 billion and processed trade by 25.7 percent to reach US$ 70.7 billion.
The export of electromechanical products climbed 35.1 percent to US$48.8 billion, accounting for 56.3 percent of the export total. Export of traditional bulk commodity maintained steady growth.
Import of raw products increase by 23.2 percent to be valued at US$17.12 billion, electromechanical products grew by 25.2 percent to hit US$7.12 billion and vehicle import rose by 11.4 percent to 20,000 vehicles.
The EU was China's largest trade partner, with bilateral trade amounting to US$26.46 billion, followed by the US at US$23.43 billion worth of trade and Japan at US$17.51 billion.
Bilateral trade with India ballooned by 63.3 percent to reach US$2.63 billion, overtaking Canada to become China's tenth largest trade partner.
Given that last year Spring Festival occurred in January, the trade increase this January seems particularly rapid.
Sponsor Results:
