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Shenzhen Leads Chinese Cities in Foreign Trade

Shenzhen, a boomtown in south China's Guangdong Province neighboring Hong Kong, has lead large and medium-sized Chinese cities in terms of foreign trade for 12 straight years.

Local customs statistics show that the city had US$147.31 billion worth of foreign trade in 2004, up 25.5 percent on a year-on-year basis.

In breakdown, exports made up US$77.86 billion, up 23.7 percent, and contributed one eighth of the national total. Imports totaled US$69.46 billion, up 27.6 percent.

According to the customs sources, exports to Hong Kong, the United States and the European Union, three of the city's 10 major export markets, all showed double-digit increases in the past year.

And the city's main export items are stationery, telecom equipment and home appliances. 

(Xinhua News Agency January 16, 2005)

Shenzhen Continues to Lead in Foreign Trade
Shenzhen Reports Double-Digit Foreign Trade Rise
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