Monday, November 10, 2008

China export growth slows down this year

Latest figures from national customs authority show the export growth rate in the first three quarters this year is 25 percent, slowing down from last year.











Latestfiguresfromnationalcustomsauthorityshowtheexportgrowthrateinthefirstthreequartersthisyearis25percent,slowingdownfromlastyear.



Latestfiguresfromnationalcustomsauthorityshowtheexport
growthrateinthefirstthreequartersthisyearis25percent,
slowingdownfromlastyear.



But the authority says the export growth rate is still stable. Bilateral trade with new markets, like India, Brazil and Argentina has even witnessed fast development.



Export increase in mechanical and electronic products is one of the fastest. China Customs has promised to improve service and help the development of foreign trade.











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