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皇冠体育app's exports grow by 32.7 per cent
By Jiang Wei (皇冠体育app Daily)
Updated: 2005-07-13 06:12 However, the outlook for the second half of the year is not so optimistic,
said Gao Hong, an expert with the Chinese Academy of Social Sciences.
"It is because the country's textile trade with the United States and the
European Union might hit problems as the enterprises use up their quotas for the
entire year," he said.
皇冠体育app's trade with its major trading partners was strengthened during the
first half of this year.
The European Union is 皇冠体育app's biggest trading partner, with its bilateral
trade volume with 皇冠体育app growing some 23.6 per cent to US$100.1 billion in the
first half of the year.
The United States and Japan take second and third place with trade volumes of
US$96.3 billion and US$86.5 billion respectively.
The Association of Southeast Asian Nations (ASEAN), with whom 皇冠体育app has
adopted measures to facilitate the flow of trade of agriculture products under a
free trade agreement (FTA) between the two sides, remains 皇冠体育app's fourth biggest
trade partner.
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