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China's foreign trade surplus over the first three quarters of this year 100 billion U.S. dollars

  It is reported that in the first three quarters of this year, China's foreign trade surplus reached 109.85 billion U.S. dollars. The total trade surplus over last year. Xiao said the spokesman for the State Statistical Bureau, under the combined influence of various factors at home and abroad. still maintaining the possibility of a larger trade surplus in China in the future. After 2000, China's foreign trade surplus has been maintained, since last year accelerated the trend. 2005, the volume of China's trade surplus last year reached 102 billion U.S. dollars, a record was set. It is reported that in September this year on China's trade surplus of nearly 15.3 billion U.S. dollars alone. 20th nine months of consecutive trade surplus. Li Xiaoyan is convinced that economic globalization and China's ability to supply a strong international market for goods produced in greater demand in China, States with lower production costs. In recent years the world economy and other factors have led to the rapid growth of China's trade surplus with a rapid growth momentum. What is unavoidable is that the trade surplus has led to the growth of China's foreign exchange reserves increase, the end of September, China's foreign exchange reserves reached 987.9 billion U.S. dollars, representing an increase of 169 billion U.S. dollars. China's economy continued to expand the trade surplus increased regulatory pressure has also increased the pressure on renminbi appreciation. The Department of reform, the RMB exchange rate created a "mini tread slowly" appreciation of Indonesia trend Compared to the dollar exchange rate change before the middle of RMB appreciation has accumulated more than 4%

Information from the Chinese Xinhua News Agency


China, Japan and South Korea signed a joint statement said the three countries as soon as possible to build a free trade zone10/20/2006 2:16:13 PM
October 19, the fifth "China-Japan-South Korea Business Forum" in northeast China's Jilin Province concluded. Three delegates at the closing ceremony on the signing of a joint statement, pledging to establish a China-Japan-South Korea FTA as soon as possible. promoting coordinated economic development of the three countries. As the economic circles of China, Japan and the East Asian regional economic cooperation is an important mechanism Fifth "China-Japan-South Korea Business Forum" to attract the three countries in economic circles, experts and scholars who were 260 participants. In their joint statement, the delegates said that the growing trend of economic globalization and regionalization accelerating today, China-Japan-South Korea FTA as soon as possible, start negotiations on investment is in line with the common interests of the three major economic choice, China-Japan-South Korea Free Trade Area of the Three Kingdoms. Business Forum has been established through the joint study group with a common mechanism, The government hopes that the three countries will give more attention and support. Promoting trade and investment facilitation, improving business environment is an important measure is directly related to the interests of business. Three economists agreed that the three government departments should establish as soon as possible a mechanism to formulate corresponding measures. and expedite the implementation of the measures. Three economists agreed that the three countries should continue to consolidate in the fields of textiles, machinery, steel, electronics, logistics, automobiles, Town gas and petrochemical field tripartite cooperation mechanism, and actively to tourism, environmental protection, energy conservation areas expand. It is reported that "China-Japan-South Korea Business Forum" was initiated by the three governments. At present, the only national non-government level among the three countries and the high level of influential business activities. The sixth "China-Japan-South Korea Business Forum" will be held in Japan in 2007.

The information comes from the China News web