Arab Today, arab today shanghai record trade deficit in 2011
Last Updated : GMT 07:10:47
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.  

arabstoday
arabstoday

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

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 Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new 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