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Trade Surplus Reached US$ 6.48 Bln in January

China's trade surplus for the past January reached the record high US$6.48 billion while its export rise by 42.2 percent over the same period of last year, customs statistics showed on Tuesday.

China's total trade volume for January reached US$95.06 billion, up 33.1 percent over the same period of last year.

The export increased to US$50.77 billion with a year-on-year rise of 42.2 percent while the import reached US$44.29 billion, up 24 percent, according to the statistics.

Foreign-funded ventures scored an export growth of 42.4 percent and an import growth of 30 percent. Collective, private and other enterprises reported an export growth of 77.3 percent and an import growth of 33.9 percent.

China's trade volume with the Europe Union, the United States and Japan reached US$15.89 billion, US$14.33 billion and US$12.86 billion, or a respective year-on-year growth of 36.4 percent, 30.8 percent and 28.4 percent.

(Xinhua News Agency February 9, 2005)

 

Trade Surplus Climbs amid Slowing Economy
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Foreign Trade Becoming Balanced
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