Shanghai Port bilateral trade harbors rapid growth
26 May '08
2 min read
Foreign-invested enterprises took the leading position in foreign trade, while private sector topped the growth rate.
In the first four months, accumulated import and export volume of foreign-invested enterprises recorded $124.9 billion, an increase of 24.8 percent, accounting for 64.4 percent of total trade from Shanghai Port.
At the same time, private sector maintained high growth-rate. Total imports and exports represented $30.14 billion, a growth-rate as high as 38.1 percent, ranking the first among major enterprises.
In addition, imports and exports by state-owned enterprises stood for $34.2 billion, swelling 15.8 percent with 2.3 percentage points higher rise-rate.