China's Exports up 13.2 PercentChina's total exports from January to April this year reached US$81.76 billion, up 13.2 percent from the same period last year.Figures released by the General Administration of Customs Tuesday show that the foreign trade volume of the country in the first four months of the year added up to US$158.13 billion, up 15.4 percent. The value of imports during the period was US$76.37 billion, up 17.8 percent. As a result, China achieved a trade surplus of US$5.39 billion. The exports of overseas-invested companies grew strongly at 23.5 percent. They exported US$41.23 billion worth of goods. Enterprises solely owned by foreign businesses, in particular, reported an export growth rate of 30.0 percent, 16.8 percentage points higher than the country's overall rate of export growth. The export volume of private companies and collectively-owned companies also surged. Although these companies sold only US$5.36 billion worth of goods overseas, their export growth rate reached 51.3 percent, a result of the country's loosening of control over their export rights, said analysts in Beijing. Meanwhile, China's trade with its major partners was vigorous. China's imports from the United States, the European Union, ASEAN (Association of Southeast Asian Nations) and Russia all increased by more than 20 percent. |
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