In October of this year, China's exports grew by 11.6%, reaching the sum of 1 trillion 270 billion yuan, equivalent to $ 206 billion 900 million. These data were published today by the General Administration of Customs in China.
The surplus volume of the current account balance of the PRC for the July-September 2014 increased by 11% to the mark of 81 billion 500 million dollars. It is reported by the State Monetary Authority of China.
The project for the construction of three new railway lines in China approved by the experts of the Main Economic Planning Agency of China. The cost of the project is nearly $ 250 billion. Yuan, nearly 40 billion. Dollars. This is reported in the agency PRIME.
Due to the depreciation of the yen against the dollar by 26% over the two-year period as part of the economic strategy of the Prime Minister of Japan Shinzo Abe, the profits of Japanese companies was increased, but the purchasing power of the Japanese decreased significantly.
The volume of oil consumption increased by 6.2% in China by the end of September this year compared to the August figure; it reached a peak in the last 7 months due to the increase of oil refining.