Friday, December 21, 2007

Learn Chinese - Continued Effects of Market Reform

BIZCHINA / Gansu ABC

Continued Effects of Market Reform
(china.org)
Updated: 2006-05-16 10:05

Imports & exports
The annual value of imports and exports totaled US$2.633 billion, an
increase of 49.36% from the previous year. Of the figure US$1.091 billion
were from exports and US$1.542 billion were from imports. These two
figures are respectively 9.50% and 101% up from 2004.

Economic and technological cooperation
Overseas project and labor contracts signed during the year were valued
at US$96 million, up 141% from the previous year. Business turnover for
the year totaled US$58 million, up by 46.52% from the previous year.

Foreign investment
The foreign direct investment which was materialized during the year
stood at US$20 million, down by 42.26% from 2004.

(Statistics as of 2005)

(For more biz stories, please visit Industry Updates)

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