Guangdong's trade value up 32.4pc in first fourth months

GUANGDONG's trade value from January to April amounted to US$210 billion, up 32.4 per cent year on year, slower compared to the national growth of 42.7 per cent, taking up one fourth of the national trade value total, Logistics Week reported.

Value of Guangdong's trade with Hong Kong, European Union, US, ASEAN, Japan and Taiwan all recorded double digit growth. Trade with ASEAN, Japan and Taiwan scored strong growth of over 40 per cent. Trade with US increased 14 per cent while those with EU increased 29 per cent, both lower than the province's average growth.

Guangdong recorded a trade value of $6.2 billion in April. The growth was weaker compared to the national average, though better than the pre-downturn level.
(Source:www.schednet.com)