TAIPEI - Taiwan's exports dropped 1.2 percent year on year in February, mainly because the Lunar New Year reduced the number of working days that month, the island's finance authority said Wednesday.The volume of exports in February stood at $22.37 billion, ending a growing trend for 16 consecutive months, according to the authority.Thanks to the global economic recovery, Taiwan's exports in the first two months of this year reached $49.75 billion, up 7.3 percent compared with the same period last year.Exports in sectors such as basic metals, electronic components, machinery, plastic and rubber products, as well as chemical products, recorded strong growth in the first two months.Taiwan's imports in the first two months totaled $44.42 billion, up 12.4 percent year on year. Its trade surplus reached $5.34 billion in the first two months, down $1.53 billion from the same period last year.Exports to the Chinese mainland and Hong Kong grew by 5.1 percent year on year.The finance authority predicted that Taiwan's exports would continue to benefit from a better world economy this year and the development of emerging businesses such as artificial intelligence, the Internet of Things, high-performance computing, and virtual currency. bulk custom bracelets
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Xi Jinping delivers report to CPC congress, stressing socialism with Chinese characteristics in new era BEIJING - Xi Jinping on Wednesday called on all members of the Communist Party of China (CPC) to "secure a decisive victory in building a moderately prosperous society in all respects and strive for the great success of socialism with Chinese characteristics for a new era." Xi made the remarks in a report to the 19th CPC National Congress on behalf of the 18th CPC Central Committee. The 19th National Congress of the Communist Party of China opened Wednesday. Socialism with Chinese characteristics enters new era: Xi BEIJING - Socialism with Chinese characteristics has entered a new era, Xi Jinping said Wednesday at the opening session of the 19th National Congress of the Communist Party of China (CPC). "We will unite the Chinese people of all ethnic groups and lead them to a decisive victory in building a moderately prosperous society in all respects and in the drive to secure the success of socialism with Chinese characteristics for a new era," he said while delivering a report. China is still in an important period of strategic opportunity for development. The prospects are bright but the challenges are severe, he said.
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