China's foreign trade exceeds US$1.75 trillion in 2006

China's imports and exports in 2006 exceeded US$1.75 trillion, up US$330 billion or 24 percent from 2005, said a spokesperson from the Ministry of Commerce.

In the first 11 months of last year, China approved 37,019 new foreign-funded companies, down 6.7 percent against the same period of the previous year. The amount of foreign direct investment (FDI) actually utilized was US$54.263 billion (excluding banks, insurance and securities), up 2.14 percent from 2005. FDI utilization for the full year reached 2005's level.

By People's Daily Online