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Technical Sales: Tracy Lee Once we have received sufficient information, we will provide a quotation within a week. If the quotation is acceptable, We will have a sample made and shipped to required destination. Upon approval of sample, we will have the product made and shipped. The time from acceptance of quotation until receipt of sample is usually 2-4 weeks. The time from approval of sample until receipt of production for the first order is usually 120-150 days.Subsequent orders are usually 70-100 days.

Contact info:
Tracy A. Lee

111 NE 11th Street   Map
Grand Prairie, TX 75050
Tel: (972) 602-1478
Fax: (972) 660-2845
tlee@firstexind.com

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News from the Import Industry

December 04, 2009

Taiwan`s Trade Surplus to Hit Record US$29.9B High in 2009

Taipei, Nov. 3, 2009 (CENS)--Taiwan will likely see a record trade surplus of US$29.9 billion in 2009 and the figure for 2010 is very likely to remain the same, according to the Cabinet-level Directorate General of Budget, Accounting & Statistics (DGBAS).

With Taiwan`s doors open to mainland Chinese tourists, there has been an obvious rise in incoming tourists since the second half of the year, which has been seen to help revitalize Taiwan`s tourism. So if including the extra service charges generated by such increased tourist traffic, then Taiwan`s trade surplus this year may rise to US$33.2 billion, with further increases next year.

Director general of DGBAS S.M. Shih indicated that Taiwan`s annual trade surplus has been US$10-20 billion since 2003, which will however hit a record high of US$33.2 billion this year. Shih attributed the projected rising trade surplus to increasing trade with China.

Taiwan`s imports this year are expected to see a negative growth of 27.74%. As for next year, exports are forecast to rise 15.36%, with imports also to grow positively by 18.06%.

With recovering external trade, DGBAS predicted that Taiwan`s economic growth may remain at a modest 4.39% for 2010, with the absolute value in customs export at US$234.9 billion for the year, which will still be lower than 2007`s US$246.7 billion and 2008`s US$255.6 billion.

(by Judy Li)

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