金融英语阅读辅导资料：China reports trade deficit in March, 1st time in 6 years
In this March 5, 2010 file photo, an unladen container truck moves past shipping containers at Yangshan deep-water port in Shanghai, China. China reported a US$7.24 billion trade deficit in March, its first in almost six years, according to customs figures released Saturday, April 10, 2010.(AP) http://www.Examw.comChina's trade balance turned red in March, the country's first monthly trade deficit in six years, the General Administration of Customs said here Saturday.
China's trade deficit reached 7.24 billion U.S. dollars in March, the first ever since April 2004, according to a report released by the General Administration of Customs.
China exported 112.11 billion U.S. dollars of goods and services in March, up 24.3 percent year on year, while the imports surged 66 percent year on year to 119.35 billion U.S. dollars, resulting a trade deficit of 7.24 billion U.S. dollars.
Imports and exports rose 42.8 percent year on year to 231.46 billion U.S. dollars in March, according to the customs statistics.
Taking the first three months together, China still posted a trade surplus of 14.49 billion U.S. dollars in the first quarter, sharply down 76.7 percent from the same period of last year.
The country's imports and exports totaled 617.85 billion U.S. dollars in the first quarter, up 44.1 percent year on year.
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