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Guangdong's foreign trade hits 500 billion USD

Time: 2007-01-04
City: Guangzhou
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According to the latest statistics, Guangdong's foreign trade topped 500 billion USD in 2006, a prominent rise from 400 billion USD in 2005.

In addition, the number of private companies in Guangdong for the first time exceeded 500,000. Private companies surpassed state-owned and state-controlled companies for the first time in terms of industry value-added, ranking No. 2 among all the ownership economy.

The industry value-added of private companies accounts for 20% of the overall value-added in Guangdong.

Editor: Yan



By: Source: Radio Guangdong website