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China's newly signed overseas contracts down 5% in first two months: MOC

2011-03-22 00:00:00

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


During the Jan.-Feb. period, the total turnover of China's contracted projects overseas surged 5.5 percent year on year to reach 9.88 billion U.S. dollars, Yao said.
(Source:http://news.xinhuanet.com)