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Last updated at: (Beijing Time) Thursday, December 19, 2002

Beijing Reports Double-digit Rise in Exports

Beijing exported 5.276 billion US dollars worth of commodities in the first 11 months, up 18.7 percent on a year-on-year basis.


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Beijing exported 5.276 billion US dollars worth of commodities in the first 11 months, up 18.7 percent on a year-on-year basis.

Sources from the Beijing Municipal Customs said the national capital saw 1,253 new overseas-financed businesses established from January to November, up 24.9 percent.

These new ventures involved a combined contractual overseas investment of 5.2 billion US dollars, including 2.56 billion US dollars in foreign direct investment, a rise of 12.5 percent.

It is estimated that Beijing municipality will do 13.8 billion US dollars worth of foreign trade this year, and exports alone will go up by 19 percent to hit about 5.8 billion US dollars.


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Beijing Scores Double-digit Export Growth



 


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