The economically booming Guangdong Province in south China realized
US$277.1 billion in foreign trade in the first seven months of this
year, ranking the country's first place.
The amount represented a year-on-year growth of 24.1 percent, a
bit higher than that for the nation's total foreign trade, local
customs sources said.
Between January and July, Guangdong sold abroad US$156.3 billion
worth of goods, up 27.5 percent; and imported US$120.7 billion
worth, up 20 percent.
The trade surplus amounted to US$35.62 billion, or 46.8 percent,
of China's total.
Over the past seven months, processing trade made up US$181.99
billion, or 65.7 percent, of Guangdong's total external trade, the
customs sources said.
The private sector recorded a fast foreign-trade growth. Between
January and July, the sector's import and export volume went up
43.5 percent over the year-earlier level to US$38.36 billion.
(Xinhua News Agency August 17, 2006)
