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Foreign trade & exports record a surge
Jul '08
The General Administration of Customs announced on July 10, foreign trade results of China for the first half of this year.

Statistics revealed that foreign trade import and export value of the country reached US $1.23417 trillion in the first half of this year, up by 25.7 percent compared to the previous year.

Of which exports recorded $666.6 billion, an increase of 21.9 percent, while imports fetched $567.57 billion, representing a rise of 30.6 percent.

Cumulative trade surplus amounted to $99.03 billion, plunging by 11.8 percent from the same period last year, and recording a net decline of $13.21 billion.

Apparel and clothing accessories touched $49.96 billion in export turnover, increasing by 3.4 percent while exports of textile yarn, fabric and manufactured products registered $31.72 billion, up by 26.8 percent while footwear products on the other hand earned $13.46 billion, an increase of 12.5 percent.

Fibre2fashion News Desk - China

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