China's exports grow by 32.7 per cent
By Jiang Wei (China Daily)
Updated: 2005-07-13 06:12

However, the outlook for the second half of the year is not so optimistic, said Gao Hong, an expert with the Chinese Academy of Social Sciences.

"It is because the country's textile trade with the United States and the European Union might hit problems as the enterprises use up their quotas for the entire year," he said.

China's trade with its major trading partners was strengthened during the first half of this year.

The European Union is China's biggest trading partner, with its bilateral trade volume with China growing some 23.6 per cent to US$100.1 billion in the first half of the year.

The United States and Japan take second and third place with trade volumes of US$96.3 billion and US$86.5 billion respectively.

The Association of Southeast Asian Nations (ASEAN), with whom China has adopted measures to facilitate the flow of trade of agriculture products under a free trade agreement (FTA) between the two sides, remains China's fourth biggest trade partner.

Page:

1

2

3

Close

Special police detachment established in Xi'an Panda cubs doing well in Wolong Suspect arrested in Taiwan

Today's Top News     Top China News
Taiwan's KMT Party to elect new leader Saturday         'No trouble brewing,' beer industry insists         Critics see security threat in Unocal bid         DPRK: Nuke-free peninsula our goal         Workplace death toll set to soar in China         No foreign controlling stakes in steel firms	No foreign controlling stakes in steel firms       China-made telescopes race to space       'No trouble brewing,' beer industry insists       HK investors cautious on mainland homes       Law in pipeline to ban money laundering       Overseas students test their Chinese abilities