Foreign trade grows 30 percent in JanuaryAccording to statistics from Customs, the total value of China's foreign trade hit US$157.36 billion in the first month of this year, up 30.5 percent from last year. In January, the EU, the US and Japan were China's key trading partners with a trade value of US$24.46 billion, US$23.43 billion and US$17.51 billion respectively. Foreign trade out of Guangdong province was US$44.96 billion, up 32.9 percent from the same month of last year, making up 28.6 percent of the national total to become China's largest trading province. Jiangsu province and Shanghai municipality ranked second and third. Mechanical and electrical products made up more than half of all export and the growth of more traditional products in the export mix remains stable. By People's Daily Online |
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