Profile of China-Japan Trade

There are many important changes in the China-Japan economic rela- tion since 2000. Generally speaking,the economic relation between China and Japan is becoming closer and more interdependent than ever. China trade to Japan has increased at the rate of 16.2%, 31.1% and 25.7% in the year of 2002, 2003 and 2004. In 2006, the sum of the bilateral trade between China and Japan reached US$210 billion with the increasing rate of 11.5%. The amount of China trade to China has overrun that of U.S. to Japan,     

China Textile and Apparel Exp. $51.44 Billion in the First Half Year

Reported by China Customs and the Statistic Center of China Textile Industry . Council, through Jan.-June, 2005., Chinatotal imp. ＆ exp. value of textile and apparel reached US$59.602 billion, increasing 17.82% compared with the same period of last year, and taking up 9.24% of China gross imp.＆ exp. value of foreign trade. Gross export value of textile and apparel in China was up to US$51.436 billion, increasing 20.75% compared with the same period of last year,     

The Foreign Trade of China Surpasses US$1.4 Trillion

Since 2002, China foreign trade development has been keeping a20% growth for 4 consecutive years, listed the 3rd in the world. General Administration of Customs of P. R. China has promulgated the 2005 for eign trade situation of China.The statistics show that the foreign trade of China surmounted US$1 trillion in 2004, and reached up to US$1.42 trillion in 2005, with a growth rate of 23.2%,which was 2.8 times the number of 2001,the beginning of the period of the tenth five-year plan. The export was US$762billion, with a growth rate of 28.4%; the import was US$660.12 billion, with a growth rate of 17.6%.     

China Produces 224 Tons of Gold in 2005

China produced 224 tons of gold in 2005, an increase of 5.51 % on the previous year, China Business News reported on Feb. 23. Quoting the website of the China Gold Association, the report said Wednesday that     

China Cotton Association：Domestic Cotton Production Short of Demand Situation Getting Severer

Zhou Shengtao, Standing Vice Di rector of All China Federation of Supply ＆ Marketing Coopera-tives and Chairman of China Cotton Association, shows that domestic cotton production short of demand will continue to exist and may get severe. By the end of the llth Five-year Plan, 50% of China＇s cotton will depend on import.     

Expert: China's Economic Growth Benefits the World

Prof. Hua Min, Director of Research Institute of World Economy of Fudan University stated when making a report at the international seminar "The Functions of China, Japan and America in the New Asia Era", China has made a contribution of 17.5% to the growth of world economy with its GDP being 4% of the     

Chinese automakers urged to expand R＆D abroad

Over 80% of the core components for auto batteries have to be imported if China wants to develop new energy vehicles now, Zhang Xiaoyu, Chairman of the Society of Automotive Engineers of China, said at the seventh China （Changchun） International Automobile Exhibition on July 22.     

Bi-Weekly Watch

China＇s January fiscalrevenue： 17.1%,China enterprises index： 2.75%, China＇s tax revenue： 18.8% in 2008,China＇s trade of electronics, information products： US$885 bln in 2008.     

MINING

China MOC:steel prices to keep low in China China Ministry of Commerce expects domestic steel prices to keep low in the near future amid the soft market demand and exces- sive reserves of steel plants. Steel prices from November 10 to 19 fell by 2.7%,0.9% age point more than the drop rate of the previous week.     

China＇s Trade Surplus Hits New High

China＇s automobile production and sales both shot up 25% in the first eight months of the year, the China Association of Automobile Manufacturers said on September 8. The country produced 4.64 million vehicles between January and August, an increase of 25.37%.     

China Textile ＂Going Out＂- Egypt,Opportunity for China Textile

The global financial crisis has made a huge impact on China export-based enterprises, among which the first affected industry was textile industry. According to the latest reports from China Ministry of Industry and Information Technology （MIIT） issued in November 2008, revealed that profits for the textile industry in China that had increased 36.9% in 2007, and decreased by 0.7% for the same period in 2008. This amounted in a total loss of RMB 22.13 billion, an increase of 97.7%, with the scope of loss reaching up to 20.4%.     

China Textile "Going Our"——Egypt, Opporthity for China Textile

The global financial crisis has made a huge impact on China export-based enterprises,among which the first affected industry was textile industry.According to the latest reports from China Ministry of Industry and Information Technology (MIIT) issued in November 2008,revealed that profits for the textile industry in China that had increased 36.9% in 2007,and decreased by 0.7% for the same period in 2008.This amounted in a total loss of RMB 22.13 billion,an increase of 97.7%,with the scope of loss reaching up to 20.4%.     

2015:Make-or-break Year for China’s Cross-Border E-Commerce Companies

Iresearch estimates that the volume of China’s cross-border e-commerce accounted for China total export-import volume 11.9%in 2013,up to 14.8%in 2014.By 2017,cross-border e-commerce occupies a proportion of the total amount of China’s foreign trade that is expected to reach about 20%.T-he players shared their different opinions with China’s Foreign Trade.     

China＇s Capital Market： Could it be the Best in the World？

＂The share-list of China＇s stock market this year is bound to reach 3000 points.＂ ＂Before or after the Beijing Olympic Games, another upward fluctuation of the stock market is sure to emerge in China.＂ ＂The latest statistics show that the total market value of the Shanghai and Shenzhen stock market have surpassed the mark of 10 trillion RMB, surpassing 50% of GDP.＂ ＂Having successfully completed the reform of China＇s stock market, China has achieved a full revolution.＂     

Im/Ex in Feb Continues to Fall

February of 2009 witnessed the fourth consecutive months of shrinking trade value of China. On March 11, General Administration of Customs of the People＇s Republic of China announced the profile of China foreign trade import and export in the first two months of this year. According to the customs＇ statistics, the total import and export value for the first two months amounted to US$266.77 billion, 27.2% decreasing compared with the same period last year. Among the total value, the export value amounted to US$155.33 billion, down 21.1% year-on-year, while the import US$111.44 billion, 34.2% decreased year-on-year. And the trade surplus in January and February achieved US$43.89 billion, 59.6% growth year-on-year.     

China Yields 60% of World's Ceramic Products

China produced 15 billion pieces of ceramic products for daily use each year, accounting for 60% of the world's total, said an official with the China Ceramic Industry Association on January 15. The official said China is a big ceramics producer and     

Data Watch on China＇s Foreign Trade and Investment in the First Three Quarters of 2011

China＇s foreign trade in the first three quarters of 2011 According to statistics of the Customs, China＇s exports and imports in the first nine months of the year reached US$2.67744 trillion, up 24.6%...     

WB： China＇s GDP Growth at 9% in 2005

The World Bank said China＇s economy is expected to grow by 9% in 2005, and about 8% in 2006. In its quarterly update on the country＇s economy, the China mission of the World Bank said the economic outlook for China ＂remains good＂ in a stable macroeconomic environment and with favorable financial conditions. ＂We now project （China＇s） GDP （gross domestic product） growth of 9% in 2005,     

China＇s Passenger Vehicle Sales up 24% in 1st 8 Months

Automobile manufacturers in China sold 4.02 million passenger vehicles in the first eight months of this year, up 24.09% over the same period of last year, the China Association of Automobile Manufacturers said in its latest monthly report.[第一段]     

Chlna＇s petrochemical output value hits RMB 5.9 trln in Jan-Nov

China saw the total output value of the petrochemical industry decline 3% year on year in the first 11 months of this year to RMB 5.94 trillion, said Feng Shiliang, deputy secretary-general of the China Petroleum and Chemical Industry Association.