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Trade surplus to continue: NSB
www.chinanews.cn 2005-07-20 16:10:18
( Source: Xinhuanet)
BEIJING, July 20 - China will continue to have a trade surplus as more
than half of its foreign trade is done through export processing,
spokesman Zheng Jingping of the National Bureau of Statistics (NBS) said
here Wednesday.
Of all the export processing businesses, foreign-invested companies
account for as much as 50 percent to 57 percent, Zheng said.
These businesses import raw materials for processing in China and export
finished products with high value added, which partly contributes to
China's growing trade surplus, he said.
��China trade surplus to surpass 70 bln USD (2005-07-07)
��China reports trade surplus of 11.1b USD (2005-03-11)
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