Date
18 August 2017

China set for 7% rise in imports-exports, paper says

The Ministry of Commerce expects China’s imports and exports to total US$4.14 trillion for 2013, an increase of more than 7 percent year on year, Guangzhou Daily reported Saturday, citing Commerce Minister Gao Hucheng {高虎城}. Services are expected to account for more than US$520 billion, or about a quarter of the trade, the report said. Foreign direct investment totaled US$117 billion during the year, up by around 5 percent on 2012. Overseas investment by non-financial institutions climbed 15 percent to US$88 billion and the number of cross-border mergers and acquisitions also rose, the report said.

– Contact HKEJ at [email protected]

EL/MY/SK

 

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