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July 19, 2005 |
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The foreign trade turnover of Chinese natural
stone is still registering high growth rates, particularly
for imports. According to Hou Jianhua, statistician and
editor at the national Chinese natural stone association,
the import volume between 2000 and 2004 rose from 1.73 million
tons worth 400 million US$ to 4.21 million tons worth 750
million US$. This equates to an 88 % rise in turnover in
money terms. |
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The quantity of natural stone imported
rose by a factor of 1.43. The most popular kinds of natural
stone for import are marble in rough or slab form and rough
granite. Domestic production cannot cover the heavy demand
for these popular materials. Natural stone is a material
with characteristic local variations and inimitable distinctiveness.
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The demand and with it stone imports to
China will therefore continue to increase, with forecast
annual growth rates of well over 15 %. Trade between China
and foreign countries is usually handled by setting up agencies
in China, via sale on commission or through joint ventures
and other long-term business relationships. It is also usual
for companies to exhibit at trade fairs, although more for
image care reasons. |
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The Chinese export figures for natural
stone are also rising: from 6.55 million tons worth 815
million US$ in 2000 to 9.43 million tons worth 1,676 million
US$ in 2004. This means turnover has more than doubled in
money terms, with the quantity of natural stone exported
increasing by a factor of 1.44. China exports natural stone
to 126 countries and regions throughout the world. |
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