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China's trade surplus expected to exceed 100 bln USD in first half (2) |
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21:29, July 05, 2007 |
Official figures show the aggregate surplus for the first five months jumped 84 percent year-on-year to 85.7 billion U.S. dollars.
Huang said the trade surplus for this year would remain at a high level but the growth rate would slow down in the second half.
An earlier report released by the Ministry of Commerce (MOC) forecast the country''s trade volume would grow by around 20 percent in 2007 to reach more than 2.1 trillion U.S. dollars.
The country will make further efforts to rein in the surging surplus by expanding imports and curbing exports of high-energy-consuming and high-polluting products, said vice commerce minister Wei Jianguo on Tuesday.
The trade figures for June will be officially released next week.
Source: Xinhua
[1] [2]
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