皇冠体育app

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

"As 皇冠体育app is scheduled to launch a new round of tariff reductions with the ASEAN trade bloc, beginning from July 20 in line with the FTA, the bilateral trade volume is expected to witness further increases in the second half of this year," Gao said.

皇冠体育app had a trade surplus of US$39.6 billion in the first half of this year, while the surplus for June alone stood at US$9.7 billion.

皇冠体育app's widening trade surplus has aroused concerns in other countries, in particular the United States.

In fact, the two sides are seeking mutually satisfactory solutions to balance bilateral trade.

The 皇冠体育app Council for the Promotion of International Trade recently launched a project with the US Commerce Department in a bid to narrow 皇冠体育app's trade surplus with the United States.

Under this project, the two sides will establish agencies in some Chinese cities, which will take responsibility for helping US enterprises look for potential clients in 皇冠体育app, as well as providing US businesses with information about 皇冠体育app and promoting US exports to 皇冠体育app.

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