China's foreign trade to reach US$1 trillion
China's foreign trade this year is forecast to reach US$1 trillion, up 17 percent on a year-on-year base, according to a report released in Guangzhou recently by the Ministry of Commerce and the International Trade Economic Cooperation Institution.
The report predicted that the country's export will reach US$505 billion, up 15 percent while import reaching US$495 billion, up 20 percent.
The report said that there are rooms for rapid development for the country's export, as world economy is expected to keep a rapid momentum. The World Trade Organization predicted a 7.5 percent of growth rate in world trade volume this year, three percentage points higher than in 2003.
http://www.chinadaily.com.cn/english...ent_328457.htm
not bad! |
