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Tuesday, November 22, 2005

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China maintains fast growth in foreign trade of farm products
11/22/2005
 

          BEIJING, Nov 21 (CEIS): China's exports of farm products rose 23 per cent year on year to 19.6 billion US dollars in the first nine months of 2005, said sources with a national conference on agricultural and rural economic development held here.
China's agricultural industry has maintained steady growth over the past years and foreign trade in farm products has kept fast growth, said Jiang Zhenghua, vice chairman of the Standing Committee of the National People's Congress (NPC).
Addressing the two-day national conference on the agricultural and the rural economic situation, Jiang said China's imports of farm products in the first three quarters stood at 21.4 billion US dollars, keeping balance with the figure of the same period last year.
In 2004, the imports and exports of farm products totaled 51.4 billion US dollars, up 84 per cent over the figure in 2001.
While exports hit 23.4 billion US dollars, up 45.6 per cent, and imports witnessed a 1.4-fold increase to hit 28 billion US dollars.
"The fast rise of import and export in farm products is a reflection of the country's growing economic strength and increasing international influence," Jiang noted.

 

 
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