日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Tools: Save | Print | E-mail | Most Read
China Becomes Net Coal Importer
Adjust font size:

China became a net coal importer as imports exceeded exports by 2.89 million tons in the first quarter, says a report issued by the national economic planner on Monday.

From January to March, coal exports slumped 32 percent to 11.4 million tons while imports surged 61 percent to 14.3 million tons, figures from the General Administration of Customs show.

In the first quarter last year, the country exported more coal than it imported by 7.89 million tons.

"Last year saw a continuous sharp decline in coal exports, which became less than imports for the first time this year," said the report.

"The change in tax policy last year played an important role," said Wu Chenghou, executive director of the Coal Sale and Transportation Association.

In 2006, the government abolished export tax rebates on coal and imposed export tariffs, while cutting import duties in an effort to curb pollution and its fast growing trade surplus. In the first quarter, the trade surplus hit US$46.44 billion, up 99.3 percent over the same period last year. The surplus in April hit US$16.88 billion, more than double the figure of March yet still much below February's US$23.7 billion.

The Ministry of Finance announced on May 21 further tariffs on exports and cuts in import duties from June 1.

The likely duration of China's net importer status was still unknown, said officials with the National Development and Reform Commission.

"It's likely to continue as the government encourages coal imports," said Wu.

China's exports of coal have risen since the 1990s, with net exports up from 270 million tons in 1995 to 829 million tons in 2003.

(Xinhua News Agency May 29, 2007)

Tools: Save | Print | E-mail | Most Read

Related Stories
Coal Exchange to Be Set up in Shanxi Province
Beijing to Substantially Cut Coal Output by 2010
Coal Imports Hit New High
Coal Import Soars in Guangdong
Guangdong Reports Record Volume of Coal Imports
Coal Imports Expected to Increase
Gov't Considers Slashing Coal Import Tax

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 文水县| 阿图什市| 德江县| 精河县| 突泉县| 育儿| 垦利县| 民勤县| 杭锦后旗| 贵溪市| 北碚区| 南丰县| 南雄市| 通海县| 汝南县| 古蔺县| 永靖县| 吴川市| 长春市| 苗栗市| 镇原县| 平舆县| 济宁市| 永昌县| 江西省| 海兴县| 文成县| 临颍县| 沂南县| 东台市| 剑阁县| 汉源县| 米林县| 巴里| 高安市| 舒兰市| 平遥县| 延川县| 望江县| 石渠县| 惠安县|