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Hunan Province Reports Big Rise in Foreign Trade
Hunan, the native province of late Chinese leader Mao Zedong, completed 1.787 billion US dollars worth of foreign trade in the first nine months of this year, up 33.9 percent from the same period last year.
Out of the total, exports made up 1.22 billion US dollars, a rise of 40.8 percent, or 7.7 percentage points more than the national average growth, according to local customs statistics.
Some 82 percent of the province's exports were produced by state-owned enterprises. Overseas-financed enterprises, collectively-owned enterprises and private businesses also played an increasingly big role in the province's foreign trade.
Exported commodities were dominated by electro-mechanical products, textiles, garments, footwear and minerals, said the customs sources.
Exports via general trade and processing trade of the inland provinces in central China to markets in the United States, Japan, and ASEAN countries increased drastically in the past nine months, the local customs sources added.
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