Statistics

Newly signed overseas contracts down 5% in Jan-Feb

(Xinhua)
Updated: 2011-03-22 17:31

BEIJING - The total value of China's newly signed overseas contracts fell 5 percent year-on-year to $17.76 billion in the first two months, said Yao Jian, spokesman of the Ministry of Commerce, Tuesday.

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During the January-February period, the total turnover of China's contracted projects overseas surged 5.5 percent year-on-year to reach $9.88 billion, Yao said.