[sharetrading] Beijing's foreign trade soars 83.9% in Jan

 

Beijing's foreign trade soars 83.9% in Jan

Mar. 1, 2010 (China Knowledge) - Beijing, the capital of China, realized total imports and exports of US$21.95 billion in January, up 83.9% from a year earlier, the official Xinhua News Agency reported.

According to Beijing Customs, the foreign trade volume in the city rebounded to the level before the global financial crisis, with exports reaching US$4.53 billion, up 19.9% year on year, and imports hitting US$17.42 billion, 110% more than a year earlier.

Beijing, whose foreign trade volume accounts for 10.7% of the total in the country, is now the fourth-largest region in China in terms of foreign trade volume.

The European Union is still the biggest trade partner of the city. Mobile phones and crude oil were the largest export and import items, respectively.

The city's total trade volume was US$214.76 billion last year, down 20.9% from a year earlier. The exports and imports were US$48.36 billion and US$166.4 billion, respectively.

 

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