General Administration of Customs on October 12, 2007 showed that China's total imports and exports amounted to US $201.049 billion in September 2007, an increase of 19.8 percent over the same time last year; of which the gross value of exports hit $112.481 billion, and imports marked $88.567 billion, achieving a trade surplus of $23.914 billion.
Statistics showed that China's import and export value amounted to $1570.834 billion from January to September in 2007, up 23.5 percent over the same time last year (same below). Of these, the gross value of exports registered $878.242 billion, imports scored $692.592 billion, and foreign trade surplus completed $285.650 billion.
Regarding the total value of imports, in September 2007, China's total value of imports marked $88.567 billion, up 16.1 percent; in September 2007, China's total value of imports registered $692.592 billion, an increase of 19.1 percent.
For total exports, in September 2007, China's total exports reached to $112.481 billion, an increase of 22.8 percent; from January to September, China's export value amounted to $878.242 billion, an increase of 27.1 percent.
Based on the gross value of imports and exports, in September 2007, China's foreign trade surplus amounted to $23.914 billion; from January to September 2007, China's foreign trade surplus reached to $185.650 billion.
According to State Administration of Taxation, the national tax revenue increase of the first three quarters in 2007 reached more than 8700 billion yuan. This figure is almost equal to the tax revenue of the entire 1998, which registered the highest increase level in the same period since 1994.
Fibre2fashion, News Desk - China
marketing@alchempro.com
