International Hot Money Probably Flows in Batch into China with Great Anticipation of Appreciation of RMB

According to the data newly issued by China‘s Central Bank, deposit balance including foreign exchange in internal financial institutions has reached US$162.8 billion, increasing by 10.9% over the last year by the end of March of 2005. In the first quarter of this year, deposit of foreign exchange has increased by US$8 billion, growing by US$10.4 billion over the last year. Loan balance of foreign exchange of financial institutions has amounted to US$146.9 billion, increasing by 13.3% over the last year.Loan of foreign exchange in the first quarter has increased by US$10.8 billion, growing by US$1.4 billion over the last year.     

China''''s foreign trade volume rose 21% in first 11 months last year

According to customs statistics,China's import and export inNovember 2002 both grew morethan 30％ over those of the same month ofthe previous year.Total trade rose 33.7％ tohit US＄59.95 billion.Of that,export grew30％ to reach US＄31.21 billion;import wentup by 37.9％ to hit US＄28.74 billion,resulting in a trade surplus of US＄2.47billion. In the first 11 months of the year,China'strade totalled US＄560.18 billion,up 21％,and of that,export grew 21.6％ to reachUS＄293.69 billion and import increased20.5% to hit US$266.49 billion,With anaccumulated trade surplus of US＄27.2billion.     

International Hot Money Probably Flows in Batch into China with Great Anticipation of Appreciation of RMB

According to the data newly issued by China‘s Central Bank, deposit balance including foreign exchange in internal financial institutions has reached US$ 162.8 billion, increasing by 10.9% over the last year by the end of March of 2005. In the first quarter of this year, deposit of foreign exchange has increased by US$8 billion, growing by US$10.4 billion over the last year. Loan balance of foreign exchange of financial institutions has amounted to US$146.9 billion, increasing by 13.3% over the last year.Loan of foreign exchange in the first quarter has increased by US$ 10.8 billion, growing by US$1.4 billion over the last year.……     

International Hot Money Probably Flows in Batch into China with Great Anticipation of Appreciation of RMB

According to the data newly issued by China's Central Bank, deposit balance including foreign exchange in internal financial institutions has reached US$ 162.8 billion, increasing by 10.9% over the last year by the end of March of 2005. In the first quarter of this year, deposit of foreign exchange has increased by US$8 billion, growing by US$10.4 billion over the last year. Loan balance of foreign exchange of financial institutions has amounted to US$146.9 billion, increasing by 13.3% over the last year.Loan of foreign exchange in the first quarter has increased by US$ 10.8 billion, growing by US$1.4 billion over the last year.     

The Total Amount of Investment Projects in Shenzhen Hits 18.1 billion this year

Last year Shenzhen witnessed the total amount of government investment projects reached RMB 17.66 billion with the actual annual investment amount of RMB 13.5 billion, about 76.4% of the total. This year Shenzhen plans to invest RMB 18.17 billion in its construction.     

Over 20% Growth in Imports and Exports by Conventional Trade in the First 2 Months

According to statistics of Customs General Administration of PRC, in the first 2 months in 2005, total imports and exports of China amounted to US$179.46 billion, up by 21.7%compared with the same period of last year. Of which exports were US$95.28 billion and importsUS$84.18 billion, up by 36.6% and 8.3% respectively. And trade surplus reached US＄ 11.1 billion.……     

Egyptian governor invites Chinese investment

Since 2000 when Sino-African trade surpassed the US$10 billion mark, commerce between the two maintained annual growth of more than 30% every year. Bilateral trade hit US$73.31 billion last year, an increase of 32.2% over 2006. The growth is continuing this year, with imports and exports totaling US$53.14 billion in the first half, 66% more than the same period of 2007. China＇s exports to Africa were US$23 billion, up 40% yearon-year, while African exports surged to US$30.14 billion, a rise of 93%.     

Further Enhancing the International Competitiveness of China's Chemical Industry

Foreign-oriented Economy Entering a New Stage The Eighth Five-year Plan period saw the fastest development of the foreign-oriented economy in China's chemical industry, with an accumulated import and export value of US$100 billion, including US$38.3 billion of exports. In 1996 the total import and export value reached US$30 billion, including US$12 billion of exports. Now, more than 300 chemical enterprises and institutes have obtained foreign trade     

Over 20% Growth in Imports and Exports by Conventional Trade in the First 2 Months

According to statistics of Customs General Administration of PRC, in the first 2 months in 2005, total imports and exports of China amounted to US$179.46 billion, up by 21.7%compared with the same period of last year. Of which exports were US$95.28 billion and importsUS$84.18 billion, up by 36.6% and 8.3% respectively. And trade surplus reached US＄ 11.1 billion.     

Chinese Banks Get $3.5b Quotas for Overseas Investment

China's State Administration of Foreign Exchange (SAFE) has granted quotas worth US$3.5 billion to two Chinese commercial banks to buy overseas financial investment products on behalf of their customers. The China Construction Bank received a quota of two billion dollars, and the Bank of Communications 1.5 billion