Trade & Investment

Xiamen's exports volume to Australia up 8.3% during Jan-Oct

Updated: 2014-12-04
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According to the Xiamen Trade Promotion Association, Xiamen’s export and import volumes with Australia reached $US2.13 billion in the first 10 months of 2014.

Among which, the exports amounted to $677 million, accounting for 31.8% of the total volume, up 8.3% year on year. The imports value totaled $1.45 billion, accounting for 68.2% of the entire volume, up 26.9% compared with the same period of last year.

Up to October 2014, Australia had invested in 105 projects in Xiamen, with the contractual investment volume amounting to $140 million while the actual utilized value totaled $94 million. Among that, the investments in the manufacturing industry accounted for 53% and the investments in the service industry accounted for 47% of the total investment amount. Besides, the investments mainly focused on the business areas of machinery, furniture, storage, wholesale and retail, and software & information. 
   
SOURCE: WOX Team
 
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