China Cuts Fuel Imports From Record as Domestic Supply Grows

China, the world’s second-biggest energy consumer after the U.S., cut diesel and gasoline imports in August from a record as higher domestic prices spurred oil refiners to boost fuel supplies.
Diesel imports fell to 880,000 metric tons from 970,000 tons in July and gasoline purchases declined to 382,151 tons from 606,000 tons, the Customs General Administration [...]

China’s trade surplus grows on dwindling import rate

China’s trade surplus in August continued to grow due to a decline in imports, the General Administration of Customs said yesterday.
The trade surplus rose 14.8 percent from a year ago to settle at US$28.69 billion last month, higher than US$25.28 billion in July and US$21.3 billion in June.
Exports expanded 21.1 percent from a year earlier [...]

Trade with Pacific islands to reach $2b this year

Trade between China and Pacific island countries is expected to reach $2 billion by the end of this year, Minister of Commerce Chen Deming said Sunday.
The two sides aim to increase trade to $3 billion by 2010, Chen told the ministerial conference of the China-Pacific Island Countries Economic Development and Cooperation Forum held in Xiamen, [...]

Macao’s energy imports soar in Q2

Macao imported more energy in the second quarter of this year, as imports of gasoline, electricity, etc. were all registered quarter-to-quarter increase, according to the figures released by the city’s Statistics and Census Service (DSEC) Tuesday.
The figures showed that the imports of gasoline amounted to 15.81 million liters and the respective consumption totaled 15.62 million [...]

Soybean output set to increase

The government will ramp up soybean production and guide development of the soybean processing industry to reduce reliance on imports, the National Development and Reform Commission (NDRC) said yesterday.

Tags: imports, output

Trade brings Thai kitchen to China

AN increasing demand for agricultural products on the Chinese mainland is driving trade between China and Thailand, with the sector growing by 35 percent last year.
More than 30 percent of the trade volume between the two countries comes from the agricultural sector. With increasing inflation and rising food prices creating the need for more food [...]

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