Cross-Strait trade down 4.5 pct in 2016

Updated 2017-02-04 19:44:20 Xinhua

Trade volume between the Chinese mainland and Taiwan was 179.6 billion U.S. dollars in 2016, down 4.5 percent from 2015, according to the Ministry of Commerce.

Mainland exports to Taiwan totalled 40.4 billion U.S. dollars last year, a 10.1 percent year-on-year drop, and imports from Taiwan stood at 139.2 billion dollars, down 2.8 percent.

Taiwan is the mainland's seventh largest trade partner and sixth biggest source of imports.

The mainland approved 3,517 Taiwan-invested projects in 2016, with the actual use of Taiwanese capital reaching 1.96 billion U.S. dollars, up 27.7 percent from the previous year.

By the end of December 2016, the mainland had approved 98,815 Taiwan-invested projects, with the actual use of capital from Taiwan hitting 64.7 billion U.S. dollars.

Last year, the mainland's trade with Hong Kong totaled 305.3 billion U.S. dollars, down 11.1 percent year on year.

Mainland exports to Hong Kong stood at 288.4 billion U.S. dollars in 2016, a decrease of 12.7 percent from the previous year, while the mainland's imports from the region saw an increase of 32.4 percent to 16.9 billion U.S. dollars.

Hong Kong is the mainland's fourth-largest trading partner and third-largest export market, according to the ministry.

The mainland approved 12,753 Hong Kong-invested projects in 2016, with the actual use of Hong Kong capital reaching 81.5 billion U.S. dollars, down 5.7 percent from 2015.

By the end of December 2016, the mainland had approved 398,966 Hong Kong-invested projects, with the actual use of Hong Kong capital totalling 914.8 billion U.S. dollars, accounting for 51.7 percent of the mainland's actual use of overseas capital.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 13 2017 01:57:52

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 12:16December 13 2017 01:57:52

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 13 2017 01:57:52

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