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Cross-Strait trade down 33% in Jan-Aug

(chinadaily.com.cn)
Updated: 2009-09-22 16:18

The total cross-Strait trade volume in the January-August period amounted to $62.29 billion, down 33.1 percent from the same period last year, according to the latest statistics released by the Ministry of Commerce, Xinhuanet reported.

Related readings:  Cross-Straits trade zone breaks ground in E China  Scheduled cross-Straits flights available online  Cross-Straits signing to go forward despite govt shuffle  Cross-Straits trade down 35% in first seven months

Exports from the Chinese mainland to Taiwan totaled $11.85 billion, down 34.5 percent, while imports reached $50.44 billion, a decrease of 32.8 percentage points from a year earlier, the report said.

In the first eight months of this year, the Chinese mainland had approved 1,523 Taiwan investment projects, worth $1.14 billion, down 12.8 percent from a year ago.