|
Minister explains China's trade surplus
(Xinhua)
Updated: 2005-12-19 13:57
Vice Minister of Commerce Yu Guangzhou Sunday in Beijing explained China's
trade surplus this year with "three characterists".
As the first characteristic, Yu said China's trade surplus mainly appeared in
Europe and the United States as the trade surplus is expected to exceed 100
billion U.S. dollars with the United States and 63 billion U.S. dollars with
Europe.
As the second characteristic, the trade surplus also focused on the
processing area with that surpassing 125 billion U.S. dollars so far, Yu said.
The third, Yu said that the trade surplus focused on the private-owned
enterprises with that of over 60 billion U.S. dollars and foreign-funded
companies with that of nearly 50 billion U.S. dollars.
|
