1. LINE

      Text:AAAPrint
      Society

      Chinese tourists help New Zealand curb current account deficit

      1
      2015-12-16 13:10Xinhua Editor: Gu Liping

      A record number of Chinese visitors and a weakening New Zealand dollar helped drive down New Zealand's current account deficit in the quarter ending September, according to figures out Wednesday.

      The current account deficit of 1.8 billion NZ dollars (1.21 billion U.S. dollars) in the September quarter, was down by 332 million NZ dollars (224.43 million U.S. dollars) from the June quarter, according to the government's Statistics New Zealand agency.

      The fall in the deficit was due to a rise in export earnings outweighing the increase in overseas expenditure.

      Exports of services reached 5.2 billion NZ dollars (3.51 billion U.S. dollars) in the September quarter, driven by an increase in travel services exports, which measure overseas visitor spending in New Zealand.

      "Overseas visitor spending is driving our services surplus, which has grown each quarter since December 2013," international statistics manager Jason Attewell said in a statement.

      "On average, visitors spent more per person this quarter than last, which was the key driver for the increase in total expenditure."

      The New Zealand dollar depreciated against most of major currencies in the quarter, which caused the exchange rate to rise.

      "The falling New Zealand dollar may also have been a factor in attracting visitors to New Zealand as the better exchange rate meant visitors could get more for their money," Attewell said.

      New Zealand's annual current account deficit was 8.1 billion NZ dollars (5.47 billion U.S. dollars), or 3.3 percent of gross domestic product, in the year to the end of September, down from a deficit of 8.3 billion NZ dollars (5.6 billion U.S. dollars) for the year ended June.

      A report from the ASB Bank said the falling deficit was due to annual tourist arrivals jumping by 8.5 percent to more than 3 million over the September 2014 year.

      "All major markets posted higher arrivals for the year, but the Chinese market has been a standout; annual Chinese arrivals surged over 35 percent for the September year, and China now accounts for around 11 percent of tourist arrivals," it said.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 亚洲?V乱码久久精品蜜桃 | 亚洲AV无码一区二区乱孑伦AS| 久久久久亚洲精品无码网址| 亚洲日本在线观看| 亚洲中文字幕久久精品无码VA| 久久无码av亚洲精品色午夜| 好吊色永久免费视频大全| 亚洲一区二区在线免费观看| 性色av免费观看| 在线精品亚洲一区二区三区 | 亚洲1234区乱码| 免费的黄网站男人的天堂| 亚洲a一级免费视频| 亚洲综合一区二区国产精品| 日本永久免费a∨在线视频| 免费大黄网站在线观| 亚洲美女人黄网成人女| 国产福利免费视频| 在线免费观看毛片网站| 精品在线免费视频| 一级做a爱过程免费视| 久久精品女人天堂AV免费观看| 亚洲无码高清在线观看| 亚洲人成网站在线播放2019| 无码少妇精品一区二区免费动态| 麻豆亚洲AV永久无码精品久久 | 亚洲日韩精品一区二区三区 | 国产精品二区三区免费播放心 | 日本成人在线免费观看| 亚洲精品中文字幕乱码| 91视频免费网站| www.亚洲色图| 久久国产乱子精品免费女| 一本色道久久88亚洲综合| 女人隐私秘视频黄www免费| 亚洲免费二区三区| 日韩精品成人无码专区免费| 四虎一区二区成人免费影院网址| 日本免费人成视频播放 | 一级毛片aaaaaa视频免费看| 亚洲一区中文字幕久久|