According to the first quarter statistics, the European Union has replaced Japan as China's largest source of imports, Yao Jian, a spokesman of the Ministry of Commerce, said today.
In April, growth of China's exports increased by 3.4 percent, while that of the imports dropped by 10.8 percent. Meanwhile, China generated a monthly trade surplus again, totaling 11.4 billion dollars, although smaller than last April. Overall, the nation's foreign trade has improved.
Yao said the Japanese quake has affected our imports. In April, the amount of China's imports from Japan, totaling about 16 billion dollars, was only 4.7 percent above last April, much lower than the first quarter growth of 26.3 percent. The ministry will take measures to increase economic exchanges between the two countries, including engaging in post-quake restoration construction.
By People's Daily Online
Weekly review May 12 No winners in U.S. hi-tech export controls May 12 China should view livelihood issues from strategic perspective May 11 Syria will not be another Libya May 06 Beijing-Shanghai high-speed railway to launch 10-day trial run May 14 The week in pictures May 11 2000-year-old wine unearthed in Henan province May 11 Scientist: China plans to build lunar research base May 09 Apple employee, customer reach settlement after Beijing iPad brawl May 12 Wenchuan Reconstruction: 'Chinese miracle' impresses world May 12 No winners in U.S. hi-tech export controls
In April, growth of China's exports increased by 3.4 percent, while that of the imports dropped by 10.8 percent. Meanwhile, China generated a monthly trade surplus again, totaling 11.4 billion dollars, although smaller than last April. Overall, the nation's foreign trade has improved.
Yao said the Japanese quake has affected our imports. In April, the amount of China's imports from Japan, totaling about 16 billion dollars, was only 4.7 percent above last April, much lower than the first quarter growth of 26.3 percent. The ministry will take measures to increase economic exchanges between the two countries, including engaging in post-quake restoration construction.
By People's Daily Online
Weekly review May 12 No winners in U.S. hi-tech export controls May 12 China should view livelihood issues from strategic perspective May 11 Syria will not be another Libya May 06 Beijing-Shanghai high-speed railway to launch 10-day trial run May 14 The week in pictures May 11 2000-year-old wine unearthed in Henan province May 11 Scientist: China plans to build lunar research base May 09 Apple employee, customer reach settlement after Beijing iPad brawl May 12 Wenchuan Reconstruction: 'Chinese miracle' impresses world May 12 No winners in U.S. hi-tech export controls
