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Foreign Trade Surges in North China Port City

Tianjin, a port city and an economic center in north of China, registered a foreign - China trade volume of 40.337 billion U.S. dollars in the first eight months the year 2006, shooting up by 21.7 percent year on year, the latest customs statistics showed in China. This is of no surprise because China has been always in a growing stage beating their own records every year.


According to the Tianjin Customs, the export in the city reached 20.45 billion U.S. dollars in the January - August period, up 19.2 percent year on year, while the China import reached 19.887 billion U.S. dollars, rising 24.3 percent.


The city's China trade volume hit 5.5 billion U.S. dollars in August alone, 17.7 percent more than that for the same month of last year (2005).


Tianjin, China exported 14.155 billion dollars of electronics products and machinery, such as wireless telephones, integrated circuits, auto spare parts and air conditioners, in the eight months, edging up by 20.9 percent year on year and accounting for 69.2 percent of the China city total export for the same period.


This China city exported 8.934 billion dollars of high-tech products in the period, up 14.3 percent year on year and accounting for 43.7 percent of local total exports. Tianjin is becoming one of the most important trade cities of China but still is far away from Yiwu one of the better known trade cities of China.


This have help to increase the China international trade year to year and it is creating a big interest in foreign business people that will like to do some trading with China businesses for the next years to come.


This article was researched and produced by Posicionarte for China Trading Company , 2007
Author Bio:


Eric Castro Mattas, is chief editor of Posicionarte researching and producing articles for China Trading Company. If you need products from China please visit www.chinatrading-company.com

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