Guangdong's foreign sales of ships up 90%

South China's Guangdong Province sold abroad 1.73 billion U.S. dollars worth of ships in the first seven months of this year, an increase of 90.4 percent over the same period of last year, according to the provincial customs house.

Of the total, 97.7 percent, or 1.69 billion U.S. dollars worth, were exported in processing trade, up 93.8 percent year on year.

In June, Guangdong's ship export volume stood at 350 million U.S. dollars, setting a monthly record, and in July, the figure was 340 million dollars, up 170 percent year on year.
(Source:xinhua)