Trade surplus rebounds in April
(Xinhua)Updated: 2007-05-11 14:20 In the first four months, the country's export of machinery and electronic products reached US$202 billion, up 27.4 percent, accounting for 57.8 percent of the total exports.
Meanwhile, imports of industrial products hit US$216.5 billion, up 19.1 percent, taking up 75.6 percent of the import total.
The European Union remained the country's top trading partner, seeing its trade with China reach US$103.6 billion in the first four months of 2007, up 29.5 percent from the same period of last year, the customs data show.
The United States was second with trade volume reaching US$91.87 billion, followed by Japan and the Association of Southeast Asian Nations.
A Chinese business delegation has signed deals worth US$4.3 billion with US firms, which analysts say might ease the country's rising trade surplus.
In a telephone conversation with his US counterpart George W. Bush, President Hu Jintao said he believes that with concerted efforts by both sides, positive achievement will be scored in the upcoming second round of strategic economic dialogue between the two countries.
 | 1 | 2 | 3 |
(For more biz stories, please visit Industry Updates)