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Beijing Ranks First in China in Per Capita Trade Turnover

2003-4-11 8:29:00
 Per capita trade turnover in Beijing reached US$4,000 in 2002, ranking the first in China, a local official said on Apr.9.

Beijing's total volume of imports and exports was US$52.5 billion in 2002, ranking fourth in the country, said Chen Zexing, deputy director of the Beijing Foreign Trade and Economic Commission, at a municipal meeting on imports and exports.

Chen said the 2002 figure of US$52.5 billion is significant in that it exceeds the combined projected 2003 figure for fixed asset investment and total retail sales volume of consumer goods of 200 billion RMB yuan (US$24.2 billion).

Imports and exports have become an important component of Beijing's economic development and may even influence the national economy, said Chen.

 
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