Guangdong’s external trade rises 23 pct in 2006

15 January 2007

Guangzhou, China, 15 Jan – The foreign trade of the Chinese province of Guangdong totaled US$527 billion in 2006, or 23 percent more than in 2005, according to the local authorities.

The province’s foreign trade accounted for 30 percent of the US$1.76 trillion Chinese total, placing it in first place, followed by Shanghai and Jiangsu province.

The province’s exports rose 27 percent to US$302 billion and imports rose 19 percent to US$225 billion, according to the Guangzhou Customs Department.

Trade carried out by foreign-owned companies rose 24 percent to US$345 billion, or 65 percent of the total. (macauhub)