--- SEARCH ---
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Trade & Foreign Investment

Hot Links
China Development Gateway
Chinese Embassies

Shanghai's Foreign Trade Registered 40% Increase

Shanghai recorded nearly US$230 billion in foreign trade in the first 10 months of this year, a year-on-year growth of 41.4 percent.


The trade volume has already exceeded the total foreign trade volume of entire 2003, according to local customs sources.


Of the total trade volume, import came to US$99.7 billion and export was US$130 billion, up 40.3 percent and 42.2 percent respectively.


The import and export value of foreign-funded businesses handled by Shanghai Port totaled US$142.9 billion, a rise of 52 percent.


The city's private companies registered the fastest growth of all sectors, which hit US$28 billion, up 68.9 percent year-on-year, while the State-owned companies gained US$58.7 billion in foreign trade, a year-on-year increase of 13.5 percent.


The European Union, Japan and the United States remained Shanghai's top three trade partners, accounting for 55.6 percent of the total foreign trade volume, the customs sources said.


Electrical and mechanical products made up the largest percentage of exports, with US$52.7 billion, up 62.1 percent over the same period of last year. The export of textile, garment, furniture, shoes and plastic products also reported increases in various extents.


(Xinhua News Agency November 19, 2004)

Shanghai Fast Becoming Modern City
Shanghai's Foreign Trade Up in First Half of 2004
Beijing, Shanghai Report Soaring Investment and Trade
Shanghai Fair Indicates Continued Rise in Exports
Print This Page
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688