Last updated at: (Beijing Time) Tuesday, April 23, 2002
China's Exports to US Up 8% to US$4.74 Billion in March
China recorded an 8% year-on-year increase in exports to the US in March totaling US$4.74 billion, the State Economic and Trade Commission said on Tuesday.
China recorded an 8% year-on-year increase in exports to the US in March totaling US$4.74 billion, the State Economic and Trade Commission said on Tuesday.
The commission noted in a report on its Web site that export growth to the US and Hong Kong Special Administrative Region (SAR) was affected by the lag effect of last year's US economic downturn.
The US and Hong Kong SAR are China's first and second biggest trade partners, respectively, the report added.
Exports to Hong Kong in March increased 13.1% on year to US$4.42 billion, the report said.
Exports to Japan, China 's third largest trading partner, decreased 7.8% to US$ 4.01 billion, while exports to the European Union dropped 3.2% to US$3.41 billion, the report added.