China's foreign trade to hit 840 billion dollars

Home>>Business

Last updated at: (Beijing Time) Monday, December 29, 2003

China's foreign trade to hit 840 billion dollars

China's annual foreign trade in 2003 is expected to hit 840 billion US dollars, up 35 percent year-on-year, a senior trade official said in Beijing Sunday.

DISCUSSION

CHINESE

SEND TO FRIEND

China's annual foreign trade in 2003 is expected to hit 840 billion US dollars, up 35 percent year-on-year, a senior trade official said in Beijing Sunday.

Yu Guangzhou, vice minister of the Ministry of Commerce predicted the annual growth of retail volume would be nine percent, accounting for 45 percent of the gross domestic products.

In the January-November period, China's imports amounted to 410 billion US dollars, while exports were 430 billion US dollars. Exports contributed 25 percent to the national industrial added value.

Employees in the soaring domestic and foreign trade sectors made up 10 percent of the total work force, including 50 million in retail, wholesale and catering, and 23.5 million in foreign-funded enterprises.

Questions?Comments? Click here

Auto imports up 86.7% in first 11 months

Beijing's exports hit US$5.83 billion in first 10 months

China predicts foreign trade slowdown in 2004

Trade war? A buying spree for cheap Chinese goods ( 55 Messages)

Humanization reform gets started in prison in China ( 2 Messages)

China develops IPv6 technology to tackle IP address exhaustion ( 3 Messages)

Returned overseas students to work in government ( 2 Messages)

EU considers lifting 14-year-old ban on arms sales to China ( 8 Messages)