Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China exports fewer shoes in first five months
Adjust font size:

China sold fewer shoes abroad in the first five months of this year, due partly to reduced export tax rebates, continuous RMB appreciation, weaker demand from the United States and trade barriers such as anti-dumping lawsuits, the General Administration of Customs said on Friday.

Between January and May, China exported 3.39 billion pairs of shoes, a decline of 3.6 percent from the same period of last year. This was in contrast with the 11.1 percent growth in the January-May period of last year.

But the export value rose 11.5 percent to 10.22 billion U.S. dollars, as average price went up 15.8 percent to three dollars per pair.

Of the total exports, 51.2 percent, or 1.74 billion pairs, were sold by private companies, down 1.8 percent.

Shoes exports to the United States went down 4.5 percent to 880 million pairs, or 26 percent of the total, while those to the European Union increased 6.8 percent to 640 million pairs, or 18.9 percent of the total.

(Xinhua News Agency July 28, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Shoe industry remains strong
- Chinese shoe-makers possibly unlaced of anti-dumping duties
Most Viewed >>
- CNPC plans to cut 80,000 jobs
- Banks join in new forex transfer system
- How super rich live in China
- Porsche's control of VW has no impact on China operations
- China's leading trade fair to undergo major upgrade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?