China’s H1 foreign trade hits record high

CHINA’S foreign trade in the first half of the year (H1) posted the best performance in history, underpinned by the country’s sustainable economic recovery and strong global demand. The country’s foreign trade rose 27.1 percent year on year to 18.07 trillion yuan (US$2.79 trillion) in the first six months, data from the Administration of Customs…

2,400 foreign-funded firms set up in SZ in first 5 months

MORE than 2,400 foreign-invested companies were set up in Shenzhen in the first five months this year, attracting more than US$12.4 billion of contractual foreign investment, quoting the municipal commerce bureau. The city’s actual use of foreign capital exceeded US$3.1 billion from January to May this year, an increase of 26 percent year on year.…

SZ’s foreign trade up 22.3% in first 5 months

THE city’s foreign trade between January and May reached 1.32 trillion yuan (US$204.08 billion), up 22.3 percent year on year, statistics from Shenzhen Customs showed. Exports reached 708.45 billion yuan, up 23.1 percent, and imports reached 612.8 billion yuan, up 21.4 percent. This was highlighted by general trade growth, which kept rising for seven straight months…