Foreign trade volume reaches US$500 bln in Guangdong
Chinanews, Guangzhou, Jan. 4 ¨C Statistics show that foreign trade volume of Guangdong Province reached US$500 billion in 2006, compared with $400 billion in 2005.
Private enterprises in Guangdong also developed well last year, and the total number reached 500 thousand. Their industrial value-added had surpassed state-owned enterprises, ranking second among all kinds of enterprises.
Private enterprises also have helped to change the foreign trade style of Guangdong Province. The head of Guangdong Foreign Trade Bureau said that private enterprises have helped to boost the provincial export. Related statistics show that the export volume of private enterprises has reached $41.93 billion from Jan. to Nov. 2006, an increase by 57.7 percent.
Export in Guangdong was dramatic in 2006, with the export volume to Middle East, South America and Africa increasing by 48.9 percent, 59.9 percent and 51.4 percent respectively.