Xiamen's Trade with Taiwan SurgesThe trade volume between this port city in east China's Fujian Province and Taiwan totaled 585 million U.S. dollars during the first six months of 2001, up 8.2 percent over the same period last year.According to statistics released by local Customs, the city's trade volume with Taiwan occupied nearly half of Fujian's total cross-Strait trade volume. Xiamen's trade volume with Taiwan in the period took up 11.3 percent of the city's total external trade volume, taking the spot behind its trade volume with the United States and Japan. Exports from Xiamen to Taiwan during the first six months totaled 88.93 million US dollars, down 4.8 percent over the same period of last year, while its imports were 447 million US dollars, up 10.9 percent over the same period last year. During the first half of this year, Fujian Province's trade volume was 1.349 billion U.S. dollars, up 2.3 percent over the same period of last year, nearly half of which was contributed by Xiamen. Statistics also show that the processing trade is the major part of Xiamen's trade with Taiwan, taking up 62.4 percent of it. The major items imported by Xiamen are machinery, electrical products, metals, textile materials and textiles, occupying 67 percent of the total import volume. While the major items exported by Xiamen are machinery, chemical products and metals, taking up 62.9 percent of the total exports volume. Xiamen and Taiwan are separated by the Taiwan Strait. |
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