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(From Business Daily Update)
Headline: China's exports prospects promising
Given the uncertainties of global economic growth and increasing pressure from imports, China must continue boosting exports to maintain a balance-of-payments equilibrium.
General Administration of Customs statistics indicate China's foreign trade volume reached US$270.7 billion in the year's first half, up 12.3 percent year-on-year.
Exports surged 14.1 percent to US$142 billion, while imports rose 10.4 percent to US$128.7 billion.
Economic recovery in the United States and Southeast Asia contributed to China's fast export growth in the year's first six months. Exports to those regions increased during that period.
The growth of China's exports to the United States, Association of Southeast Asian Nations …