Arab Today, arab today shanghai record trade deficit in 2011
Last Updated : GMT 06:59:21
Arab Today, arab today
Arab Today, arab today

Shanghai record trade deficit in 2011

Arab Today, arab today

Arab Today, arab today Shanghai record trade deficit in 2011

Shanghai - Xinhua

Shanghai reported a record trade deficit of 17.9 billion U.S. dollars in 2011, widening from 7.3 billion U.S. dollars in 2010, local customs said Thursday. Shanghai\'s exports rose 16 percent year-on-year to 209.8 billion U.S. dollars while imports climbed at a faster pace of 21 percent to 227.6 billion U.S. dollars, Shanghai Customs said in a statement. \"The trade deficit showed China\'s opening-up has brought increased market opportunities for foreign businesses,\" said Luo Zhisong, an expert with the Shanghai municipal commission of commerce. \"It also showed the strengths of China\'s economic growth and consumer spending,\" Luo said. Shanghai has reported trade deficits for most of the past 10 years except 2007, 2008 and 2009. The agricultural sector contributed to 7.6 billion U.S. dollars of the deficit. Shanghai imported 129,000 tonnes of pork last year, 2.9 times more than the previous year. The city also imported more wine, olive oil, chocolate and fruits. Last year, Shanghai also imported around 50 percent more high-end products, including cars, diamonds, clothing and watches. Shanghai trade figures were different from that of the whole country which showed a smaller trade surplus of 155.1 billion U.S. dollars than in 2010. China\'s trade surplus is expected to narrow further to 120 billion U.S. dollars in 2012, according to a research report from the Bank of Communications.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shanghai record trade deficit in 2011 Arab Today, arab today shanghai record trade deficit in 2011

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 11:55 2017 Wednesday ,29 March

Need ‘gymspiration?’ The top fun fitness bloggers

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday