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Home > Resources > News > Politics > China
China's foreign trade grows by one fifth
POSTED: 0:34 p.m. EDT, March 13,2007
China's foreign trade volume grew 23.5 percent to 1282.27 billion US dollars in the first 11 months of this year, Chinese customs said on Monday.

The country's trade surplus hit a record 90.8 billion US dollars.

Exports totaled 686.54 billion US dollars, up 29.7 percent, and imports came to 595.73 billion dollars, up 17.1 percent year on year.

November's trade volume reached 133.74 billion dollars, the highest single month trade volume for this year.

The customs statistics showed that export of general trade kept fast growth in the period, reaching 538.81 billion dollars, up 21.4 percent year on year.

The trade volume of processing trade reached 620.56 billion dollars, up 26 percent.

The foreign trade volume of foreign-funded enterprises reached 747.1 billion dollars, up 25.4 percent, 0.9 percentage point more than the growth rate of last year's same period.

The foreign trade volume of state-owned companies reached 332.93 billion dollars, up 11.9 percent.

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