Shanghai reports major foreign trade rise

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Last updated at: (Beijing Time) Monday, October 13, 2003

Shanghai reports major foreign trade rise

Shanghai, China's leading industrial and commercial center, did 144.56 billion US dollars worth of foreign trade in the first nine months of the year, up 40.9 percent from the same period last year.

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Shanghai, China's leading industrial and commercial center, did 144.56 billion US dollars worth of foreign trade in the first nine months of the year, up 40.9 percent from the same period last year.

Imports accounted for 63.49 billion US dollars, a rise of 45.7 percent, and exports were 81.07 billion US dollars, up 37.3 percent, said sources from Shanghai Customs.

The port city did 8.49 billion US dollars worth of imports and 10.73 billion US dollars worth of exports in September alone, both record highs, up 33.1 percent and 38.4 percent.

The European Union, Japan and the United States remained Shanghai's key foreign trade partners. Overseas backed ventures and state-owned Chinese companies are key foreign trade players at Shanghai Port, said the sources. (Eastday)

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