Chinese mainland reports trade volume hike with Taiwan, Hong Kong (03/26/2010)

Updated: 2010/3/26 9:57:00

The trade volume between the Chinese mainland and Taiwan reached 18.9 billion U.S. dollars in the first two months of 2010, a nearly 80 percent growth year on year, according to a report posted on the Ministry of Commerce website.

The figure included 3.7 billion U.S. dollars of the Chinese mainland´s export to Taiwan, up 67.7 percent year on year, and about 15.2 billion U.S. dollars of its import from the island, up 79.5 percent, according to the report.

However, statistics cited in the report showed that trade volume between the mainland and Taiwan dwindled by more than 15 percent in February compared with January. The ministry did not give explanations for the decrease.

The Chinese mainland is currently Taiwan´s largest export market.

The island´s export to the mainland in January and February accounted for close to 40 percent of Taiwan´s total export volume in the two months, according to earlier reports.

Meanwhile, the Chinese mainland´s trade volume with Hong Kong in January and February this year is also up more than 24 percent compared with the same period last year, according to the report.

Source: Xinhua

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS