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China's Foreign Trade to Top $1.75 Trillion in 2006
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China's imports and exports in 2006 would exceed US$1.75 trillion, up 24 percent or US$330 billion from 2005, according to the Ministry of Commerce.


The figure was close to the ministry's previous forecast of US$1.758 trillion.


However, the ministry did not reveal the December figures.


The ministry previously projected that the country's exports in 2006 would reach 963 billion U.S. dollars, up 27 percent from 2005, and imports would hit US$795 billion, up 20 percent.


Since China's aggregate trade surplus surged to 156.521 billion U.S. dollars through November, dwarfing the US$102 billion for the full year of 2005, the projections would mean the December trade surplus would plummet from November's US$22.9 billion to US$11 billion.


(Xinhua News Agency January 2, 2007)


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