China's foreign trade
continued its robust growth in the first half of this year, but
is expected to encounter obstacles in the coming months.
Trade volume rose about 23.2 per cent year on year
in the first six months this year to US$645 billion, the latest
statistics from China's General Administration of Customs revealed.
Exports from China grew to some US$342.3 billion
in the first half of this year, a 32.7 per cent rise over the
previous year; imports to China reached US$302.7 billion in this
period, a year-on-year rise of 14 per cent.
China had a trade surplus of US$39.6 billion in
the first half of this year, while the surplus for June alone
stood at US$9.7 billion.
China's widening trade surplus has aroused concerns
in other countries, in particular the United States.
In fact, the two sides are seeking mutually satisfactory
solutions to balance bilateral trade.
The China Council for the Promotion of International
Trade recently launched a project with the US Commerce Department
in a bid to narrow China's trade surplus with the United States.
Under this project, the two sides will establish
agencies in some Chinese cities, which will take responsibility
for helping US enterprises look for potential clients in China,
as well as providing US businesses with information about China
and promoting US exports to China.
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