Last updated at: (Beijing Time) Thursday, December 12, 2002
Guangdong Foreign Trade Exceeds 200 Billion US Dollars
The foreign trade volume of southChina's Guangdong province exceeded 200 billion US dollars in the first 11 months of this year, according to statistics from the provincial foreign trade and economic cooperation department.
The foreign trade volume of southChina's Guangdong province exceeded 200 billion US dollars in the first 11 months of this year, according to statistics from the provincial foreign trade and economic cooperation department.
The exact foreign trade volume was 201.32 billion US dollars, with 107.94 billion of exports. Compared with the corresponding period last year, the total trade volume was up by 25.6 percent and exports increased by 24.8 percent.
Every month in that period, Guangdong's exports had maintained a two-digit growth, while the monthly export volume of the province remained above 10 billion dollars for five months in a row from July, local officials said.
Statistics also showed that in the first 11 months, the province absorbed 11.77 billion US dollars of overseas direct investment, an increase of 23.5 percent year-on-year.