China's Import and Export Values Show Increase for August

BEIJING--September 14, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--In August 2010, the import and export value in China reached $258.57 billion, an increase of 34.7% year over year. The export value reached $139.3 billion, an increase of 34.4% year over year, which was 3.7 percentage points lower than the previous month. The import value reached $119.27 billion, a jump of 35.2% year over year, or 12.5 percentage points higher than the previous month. The surplus for the month reached $20.03 billion, which was down 30.4% compared with the previous month, the General Customs Administration of China (GCAC) announced on September 10, 2010.