Export to Japan Sees Sharp RisesSince the beginning of this year, the Japanese economy has begun to show its vitality, which has greatly stimulated exports to the country from China's inland, Taiwan, Hong Kong, the Republic of Korea and Singapore.Statistics from Japanese customs indicate that from January to May this year, China's export to Japan increased 31.7 percent, with the market share reaching 13.95 percent, much higher than that of the other countries mentioned above. According to Japanese customs, in the first five months of this year, the exports from China's inland (excluding Taiwan and Hong Kong) to Japan rose by 31.37 percent over the same period last year, and the figure stood at 42.06 percent and 40.28 percent for the ROK and Taiwan respectively. Japan's economic growth was in a state of stagnation in the second half of last year. However, thanks to stable increases of exports and enterprises' investments, signs for a favorable turn have emerged since the beginning of this year, according to a report released lately by OECD on the economic prospects of its member countries. From January to May, Japan's import and export increased 20.21 percent and 25.95 percent respectively, the report said. |
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