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CHINA'S FOREIGN TRADE SET TO CROSS ALL-TIME RECORD IN 2004.
BEIJING, Aug 2 Asia Pulse - Buoyed by the global economic growth, China's foreign trade value this year would increase by 20 per cent to set a new record of over US$1 trillion, a senior Chinese official said here today.
Based on the development trend of domestic and international economic situation, it is estimated that China's foreign trade value would increase by 20 per cent and exceed US$1 trillion, Vice Minister of Commerce, Yu Guangzhou told reporters.
In the first half of 2004, China's foreign trade reached US$522.97 billion, up by 39.1 per cent.
During January-June period, Chinese exports touched US$258.08 billion, up 35.75 per cent while imports reached US$264.9 billion, up 42.6 ...
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Source: HighBeam Research, CHINA'S FOREIGN TRADE SET TO CROSS ALL-TIME RECORD IN 2004.