Guangdong's Exports Slump 24% as Global Recession Cuts Demand
Guangdong province, the biggest contributor to China¡¯s economy, said January exports fell 24 percent from a year earlier as the global recession reduced demand for Chinese shipments.
Exports fell to USD24.2 billion and imports slid 42 percent to USD12.4 billion, the provincial customs authority said in a statement yesterday. Exports to Hong Kong, the U.S. and the European Union fell 36 percent, 16 percent and 22 percent respectively, according to the statement.
Guangdong is facing the worst conditions in a decade, government officials said Jan. 8. Export growth in the province last year slowed to 5.6 percent, a quarter of the pace in 2007, Vice Governor Huang Longyun told reporters. Guangdong¡¯s exports in 2007 accounted for 30 percent of China¡¯s total.
Site Map | About Us | Terms and Conditions | Privacy | Contact Us | Communities | Links
Foire de Canton Hôtels Chine | La Feria de CANTÓN Hoteles | Übersicht Kanton-Messe Hotels | Fiera di Canton Hotel Cina | Feira de Canton Hotéis
Shanghai Hotels | Guangzhou Hotels | Shenzhen Hotels | Dongguan Hotels | Beijing Hotels | China Hotels | China Accommodation
Hangzhou Hotel | Shanghai Hotel | Guangzhou Hotel | Shenzhen Hotel | Dongguan Hotel | Beijing Hotel | Canton Fair | XiAn Hotel | Qingdao Hotel
Hong Kong Hotels | Taipei Hotels | Tokyo Hotels | Los Angeles Hotels | Las Vegas Hotels | New York Hotels | Hong Kong Hotel | Frankfurt Hotels
Use of this Web site constitutes acceptance of the
Wentrip User Agreement and Privacy Policy.
Copyright?2010,
CantonFairs.net All Rights Reserved.