Home | Register | Login | Help | Forum | Log out
Agencies & Partnership
Company Directory
Our Global Network
About Us
Focus News Industry research Exhibition Regulation & Law Executive Talks
Search:
 
Home > Resources > News > Business > Biz_China
China-EU trade hits 272.3 bln U.S. dollars in 2006
POSTED: 10:12 a.m. EDT, January 29,2007

The trade volume between China and the European Union (EU) rose 25.3 percent to hit 272.3 billion U.S. dollars last year, the Ministry of Commerce (MOC) has announced.

China-EU trade accounted for 15.5 percent of China's total foreign trade volume last year, and EU remained the top trade partner of China, according to MOC statistics issued on its website.

China's exports to EU reached 181.98 billion U.S. dollars last year, a rise of 26.6 percent year-on-year, and its imports from EU went up by 22.7 percent year-on-year to hit 90.32 billion U.S. dollars.

According to EU figures, EU's imports from China was 135.6 billion euros, 4.6 billion euros more than its imports from the United States. China has replaced the United States to become EU's largest import market.

China approved 2,738 EU-funded projects in 2006, involving a contracted EU investment of 10.58 billion U.S. dollars. A total of 5.39 billion U.S. dollars of EU funds were used last year.

As of the end of last year, China had approved an accumulated 25,418EU-funded projects, involving a contracted EU investment of 97.95 billion U.S. dollars. China had used 53.18 billion U.S. dollars of EU funds by the end of last year, or 8 percent of total foreign funds used in China.

According to a latest survey by the European Union Chamber of Commerce in China, as high as 92 percent of EU enterprises which have investment in China are optimistic about their business development, six percentage points higher than in 2005.

EU has been the largest technologies provider for China and it was the top source of technology import for China in 2006.

China imported 2,597 items of technologies from EU last year, with contractual funds totaling 8.66 billion U.S. dollars or 39.3 percent of China's total.

The contractual funds volume was higher than that with Japan, totaling 5.24 billion U.S. dollars, and that with the United States, which was 4.23 billion U.S. dollars.

China had imported an accumulated 24.108 items of technologies from EU by the end of last year, with contractual funds of 98.66 billion U.S. dollars.


From:
Print | Save
RELATED
Home - Shipping - Airfreight - Integration - Members - Resources - My Jctrans - Links
About Us - Help - Contact Us - Site Map
嶄猟利
Privacy Policy - Terms of Use
Copyright Notice 2000-2007 Jctrans.com Corporation and its licensors. All rights reserved.