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Home >> Business
UPDATED: 08:45, November 15, 2005
S. China port posts double-digit growth in export volume
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Shenzhen, a leading port in southern China's Guangdong Province, realized 100.5 billion US dollars in export value in the first 10 months of this year, a year-on-year growth of 32.5 percent, according to local customs sources.

The sources said the export volume exceeded the port's total exports for the whole of last year and surpassed the 100-billion-US-dollar mark for the first time.

The fast growth was mainly shored up by rapid development of the new- and high-technology sector in Shenzhen, also China's first special development zone.

Between January and October this year, the customs sources said, Shenzhen Port's export volume of new- and high-technology goods increased by 35.6 percent over the year-earlier level to 39.53 billion US dollars, or appromixately 40 percent of its total.

The non-state sector kept robust in foreign sales, whose contribution to Shenzhen's exports rose to 20 percent in the January-October period. The sector exported 7.75 billion US dollars worth of goods in the 10 months, up 98.7 percent year-on-year, the local customs sources added.

Source: Xinhua


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