Shanghai trade with U.S. robust

Updated 2017-08-23 09:00:48 Shanghai Daily

Shanghai customs said it has seen trade with the U.S. outpace the rise in overall trade in the first seven months of the year.

Imports from the U.S. were worth 153 billion yuan ( billion), up 27.1 percent year on year, according to the customs. Marked growth was seen in imports of automobiles, pharmaceuticals and integrated circuits, the customs said.

Imports of U.S. automobiles were worth 16.25 billion yuan, up 20 percent. Pharmaceutical imports grew by 76.1 percent to 8.69 billion yuan.

Exports to the U.S. in the first seven months this year were worth 448.2 billion yuan, up 13.9 percent year on year.

Mechanical parts, garments, textiles and furniture were the main exports.

That compared with Shanghai's overall 12.8 percent export growth and 24.2 percent import expansion during the same period.

Customs cited the strong trade with U.S. to the China-U.S. 100-day action plan and strong demand in both Chna and the U.S..

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58November 19 2017 05:39:04

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16November 19 2017 05:39:04

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18November 19 2017 05:39:04

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords