Shanghai's foreign trade up 36pc in February

SHANGHAI'S foreign trade value increased 35.8 per cent year on year to US$22.7 billion in February, Logistics Week reported.

Export value grew 34.5 per cent to $11.4 billion. Import value went 37.2 per cent up to $11.3 billion.

Value of export under general trade surged 61.5 per cent to $39.8 billion, while import increased 38.8 per cent to $5 billion. Export of processing trade grew 19.4 per cent to $63.9 billion. Import value went 24.7 per cent up to $2.5 billion.

Export of mechanical and electrical products rose 26.7 per cent to $8.3 billion, while import value increased 31.7 per cent to $6.4 billion. Hi-tech product exports rose 26 per cent to $5.3 billion while imports increased 27.7 per cent to $4 billion.

(Source: www.schednet.com)