BUSINESS ECONOMY

Romanian-Chinese trade reaches 2.1bn dollars seven months into 2015

The Romanian-Chinese trade reached 2.1 billion dollars in the first seven months of 2015, with China thus having ranked 18th among the foreign investors in Romania, according to a Wednesday’s release from the Ministry of Economy, Trade and Tourism (MECT).

In this context, the relevant ministry informs that Minister of Economy, Trade and Tourism Mihai Tudose is leading in China, from October 19 to 24, a delegation paying a working visit aimed at promoting investments and which is participating in the meetings organized by Romanian Embassy in Beijing on October 21, but also in a business seminar dedicated to Romania, to be held on October 23 as part of the China Overseas Investment Fair-COIFAIR.

According to China’s Customs Register, in the first seven months of 2015, the bilateral trade was worth 2.57 billion dollars, with the imports from Romania having stood at 770.95 million dollars, and the exports from China having reached 1.80 billion dollars.

On the other hand, the Romanian statistics show that from January to July, the bilateral trade amounted to 2.1 billion dollars, of which the Romanian exports were worth 355.9 million dollars.
In late August 2015, according to the National Office of the Trade Register, Romania had as many as 11,753 companies with Chinese participation in the share capital, with a directly invested capital of 402.3 million dollars.

Related posts

Romania, Indonesia sign Memorandum of Understanding on development of business opportunities

Nine O' Clock

National Prognosis Commission revises upwards again, to 6.1 pct, economic growth estimate for 2017

Nine O' Clock

BNR Governor: International borrowing is proof of responsibility, but the country’s deficits are worrisome

NINE O'CLOCK