Statistics

Beijing trade deficit rises 63% to $152b

(Xinhua)
Updated: 2010-11-22 09:06

BEIJING - Beijing, the Chinese capital, generated $243.2 billion in foreign trade in the first 10 months of the year, a 42-percent year-on-year rise, the local customs house said Saturday.

The total included $45.4 billion of exports, up 16.9 percent year-on-year, and $197.8 billion of imports, up 49.3 percent.

The city's trade deficit increased 62.7 percent year-on-year in the period to $152.4 billion.

US companies still want to do business Related readings:  Beijing's foreign trade grows 46.7% in Jan-Sept  Beijing's Q1-Q3 foreign trade grows by nearly 50%  2010, a year of recovery for China's foreign trade

Its trade with the European Union rose 28.6 percent year-on-year to $31.9 billion while trade with Association of Southeast Asian Nations members increased 27.6 percent to $16.12 billion.

Its trade with the United States jumped 26.7 percent year-on-year to $15.8 billion while that with Japan climbed 28.9 percent to $15 billion.

In the ten-month period, Beijing exported $27.75 billion worth of machinery and electronics, up 11.9 percent year-on-year, while it imported $53.6 billion of the goods, up 29.2 percent.