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Home >> Business
UPDATED: 13:13, January 25, 2005
China's foreign trade up 35.7 percent in 2004
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China's total value of import and export in 2004 reached 1.15 trillion US dollars, up 35.7 percent over the previous year, the National Bureau of Statistics said Tuesday.

Of the total, export grew by 35.4 percent to 593.4 billion US dollars, and import rose by 36 percent to 561.4 billion dollars, with a surplus of 32 billion dollars, or 6.5 billion dollars more than that in 2003.

In 2004, foreign direct investment actually utilized in China totaled 60.6 billion dollars, up 13.3 percent from a year earlier.

By the end of 2004, China's foreign exchange reserves reached 609.9 billion dollars, up 206.7 billion dollars from the previous year.


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