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China's textile exports grow faster

China's textile exports grow faster

Last Updated: June 16, 2008: 10:56 am

The Chinese mainland saw a big-margin decline in pork export in the first four months of this year, due largely to mounting pig raising cost, sources with the General Administration of Customs said on Saturday.

From January and April, the mainland sold 24,000 tons of pork abroad, a decrease of 54.4 percent from the same period of last year.

The export value was 79.79 million U.S. dollars, down 14.1 percent.

But the average price rose 96.4 percent year-on-year to 3,396 U.S. dollars per ton.

Of the total exports, Hong Kong made up for 79.2 percent, or 19,000 tons, down 37.3 percent.

The sources believed the May 12 earthquake, which jolted southwestern province of Sichuan and claimed more than 69,000 lives, would help drive the pork export further down.

Prior to the 8.0-magnitude quake, Sichuan accounted for 11 percent of China's total pork output and nearly one third of the exports nationwide.
 
China saw quicker growth in textile exports but slower rise in foreign sales of garments in the first five months of this year, sources with the General Administration of Customs said on Saturday.

Between January and May, China exported 66.16 billion U.S. dollars worth of textiles and garments, a growth of 15.4 percent on the same period of last year.

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