China's foreign trade volume doubles (People's Daily Online) Updated: 2005-01-13 16:17
Customs General Administration released the report on China's import and
export trade in 2004 on January 11.
According to the statistics, the total volume of China's foreign trade in
2004 reached a record high of US$1.15474 trillion, up 35.7 per cent over the
year before, or 2.3 times over 2001. In another word, the total foreign trade
volume of China was more than doubled in the past three years since China's
entry into WTO.
Both the import and export volume topped US$500 billion in 2004, among which
the export volume took up US$593.36 billion, or up 35.4 per cent, and the import
volume registered US$561.36 billion, or up 36 per cent with an annual trade
surplus of US$31.98 billion.
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