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Foreign trade rises in first nine months
( 2003-10-19 09:24) (Xinhua)

China's foreign trade volume in the first nine months of 2003 reached US$606.26 billion, up 36.2 percent from the same period last year, the latest customs figures show.

From January to September, total exports grew 32.3 percent to 307.7 billion US dollars, while imports rose 40.5 percent to 298. 56 billion US dollars. The trade surplus was 8.86 billion US dollars.

In September, China's monthly foreign trade totaled 83.59 billion US dollars, 35.5 percent more than the same month last year. Exports amounted to 41.94 billion US dollars, while imports reached 41.65 billion US dollars.

*** Actual foreign investment tops US$40b in first 9 months

China got foreign investment of 40. 238 billion US dollars in the first nine months of this year, a rise of 11.85 percent from the previous year.

The latest statistics from the Ministry of Commerce show that during the period, the government approved 29,539 foreign-funded companies, up 18.59 percent from the same period last year. The contractual foreign investment totaled 79.207 billion US dollars, registering a 35.97 percent growth.

By the end of September, China had 453,735 foreign-funded companies, with total contracted foreign funds of 907.267 billion US dollars, and realized foreign investment totaling 488.204 billion US dollars.

 
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