Beijing Customs process over $61B trade volume
( 2003-12-16 16:52) (Xinhua)
In the past 11 months, the
import and export trade volume of Beijing Customs, based in capital of China,
has topped 60 billion US dollars to 61.526 billion US dollars, 29.3 percent
higher than the same period of last year.
Beijing based enterprises played a large part in this volume, the import and
export turnover of which reached 10.285 billion and6.53 billion US dollars
respectively, boasting an increase rate ashigh as 33.5 percent.
Foreign invested enterprises are still the main part of import and export
trade through Beijing Customs, making up 57.7 of the total import volume, while
the export turnover covers 69.7 percentin the export volume.
State owned enterprises also demonstrated a strong increasing momentum with
import volume increases of 38.6 percent to 3.98 billion US dollars while export
volume increased by 10.3 percent to 1.75 billion US dollars.
According to sources with Beijing Customs, general trade is themajor import
category, increasing by 50.9 percent to 7.08 billion US dollars, covering 68.9
percent of the total import volume.
Processing trade is the major export, reaching 3.81 billion US dollars,
making up 58.3 percent of export volume.
The export volume of high and new technological goods in the past 11 months
reached 2.98 billion US dollars. IT and telecom products still played the
principal role making up 76.2. percent. But the increase rate of 20.5 percent
for IT and telecom goods exports was slower than the whole industry, which
measured 28.5 percent.
So far, with an export volume of 6.53 billion US dollars, Beijing Customs
achieved its role of 6.4 billion US dollars one month early. But the increase
rate in exports has been decreasing in the second part of this year, dropping to
single digits for thefirst time this year at 3.7 percent, compared with the 33.8
percent increase rate in total export volume this month, said the head of
Beijing Customs.
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