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News

Chongqing foreign trade soars in Q1

9 May 2012
Statistics from the Chongqing branch of the People’s Bank of China show that the city’s exports soared by 58 per cent year-on-year for the first quarter to US$5.3bn while its imports reached US$3.7bn, up 54 per cent.

The central bank has also carried out a survey among the city’s 81 major exporters. It found that overseas orders and prices are stable and that exporters are optimistic about rising profitability in the next quarter.

     
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