|
16-01-2007
China's
auto exports doubled to 300,000 units in 2006,
exceeding its imports for the second year in
a row, according to the Customs figures.
Auto
imports reached 229,000 units in 2006, up 40.7
percent year-on-year.
Steel exports hit a record high in 2006 despite
government cooling measures and anti-dumping
investigations launched by trade partners. China
exported 43.01 million tons of steel in 2006,
up 109.6 percent year-on-year, while imports
dropped 28.3 percent to 18.51 million tons.
China's
booming steel exports have long been blamed
for trade friction. Steel producers in the United
States appealed to US trade officials twice
last year, demanding action to counter China's
alleged subsidies to its steel manufacturers.
To
ease tensions and to slow the production of
energy-and resource-intensive products, the
government cut the export tax rebate rate of
steel products three times since last year,
and ended subsidies to steel producers.
|
