F REIGN TRADE - 中国国际贸易促进委员会

ASIA-pACIFIC
TRADE
China, Israel ink contracts worth about
$100 mln
Enterprises from Israel and Harbin, capital of China’s
northeastern Heilongjiang Province, signed on January 20,
2011 to a package of economic and trade cooperation contracts
valued at 648 million yuan (US$98 million).
This is part of the ongoing 2nd China Harbin-Israel
Cooperation Convention, an economic platform that was designed
to deepen economic and trade cooperation for Chinese
and Israeli enterprises.
Also, 39 Israeli enterprises and 170 local enterprises in
Harbin held talks on Tuesday for potential economic cooperation.
(Global Times)
China overtakes S Korea as world's
largest shipbuilder
The two countries’ total trade volume hit US$1.12 billion
in 2010, up 41.5 percent from about US$791 million in 2009,
according to the statistics from the department of statistics and
planning of the Ministry of Commerce on January 18.
Of the figure, Cambodia’s exports to China worth 56.8
million, increased nearly four folds from US$15 million in
2009 and Cambodia’s imports from China reached US$1.07
billion, up 37.8 percent from US$776 million in 2009.
The increase in trade volume is due to the economic recovery.
Cambodia’s main imports from China are garment raw
materials, machinery, foodstuffs, electronics, furniture, light
products, medicines and cosmetics while Cambodia’s main
exports to China are agricultural products, rubbers, fishery,
timbers, and some garments and textiles. (Xinhua)
China's imports from ASEAN up 44.8 pct
in 2010
China surpassed South Korea to become the world’s
largest shipbuilder in 2010 in terms of shipbuilding capacity
and new orders, according to recently released statistics from
China’s Ministry of Industry and Information in January.
The statistics show that from January to December
2010, China’s shipyards finished building 65.6 million deadweight
tons, an increase of 54.6 percent year on year. They
received new orders exceeding 75 million deadweight tons,
nearly triple the amount of a year earlier.
The great development of the shipbuilding industry in
recent years can be mostly attributed to the increasing capacity
requirements due to economic growth, said an expert from the
economic research center of China’s shipbuilding industry.
China’s shipbuilding enterprises are mainly distributed
among Jiangsu, Shanghai, Zhejing, Shandong and Guangdong,
with Jiangsu ranking first. (People’s Daily Online)
Cambodia’s trade with China up 41.5
pct in 2010
Bilateral trades between Cambodia and China increased
41.5 percent in 2010 compared with that of 2009, official statistics
showed.
China’s imports from the Association of Southeast Asian
Nations (ASEAN) rose 44.8 percent to US$154.56 billion in
2010, said the General Administration of Customs on January
20, 2011.
Since the establishment of the China-ASEAN Free
Trade Area at the beginning of 2010, bilateral trade had
risen 37.5 percent year on year to US$292.78 billion, the
customs said.
ASEAN is China’s fourth largest trading partner, after
the European Union, the United States and Japan.
Mechanical and electrical products accounted for 53.7
percent of all imports.
In 2010,
China’s exports to
ASEAN were up
30.1 percent from
a year earlier to
US$138.22 billion.
China’s trade deficit
with ASEAN saw
a 30.7-fold increase
to US$16.34 billion.
(Xinhua)
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