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    Deal With Exchange Rate Fluctuation And Export Shoe Volume Increase

    2007/12/18 0:00:00 10370

    Exchange Rate

    "Since the beginning of this year, a considerable part of the volume of commodity exports has increased. Looking back to China's foreign trade in 2007, Pei Changhong, director of the finance and Trade Institute of the Academy of Social Sciences, made the above comment. The latest data from the General Administration of Customs show that in the first 11 months of this year, automatic data processing equipment and components accumulated 111 billion 860 million US dollars in exports, an increase of 1.8% in volume, an increase of 34.3% in volume, and a 13 billion 220 million increase in plastic products exports, a 5.3% increase in volume and a 9% increase in volume. Other products that increase in price include footwear, air conditioners, hand or machine tools, semiconductor devices and so on.
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