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China's private enterprises see foreign trade up 18.8% in Jan-Sep

Nov. 23, 2012 (China Knowledge) - China saw its foreign trade value from private enterprises grow 18.8% YoY to US$877.97 billion in the first nine months of this year, according to the statistics released by the National Development and Reform Commission.

From January to September, the country's private enterprises generated US$551.51 billion in export value, reflecting a YoY increase of 19.2%, while imports from these enterprises rose 18% YoY to US$326.4 billion.

In the first nine month of this year, China's foreign invested enterprises realized US$1.4 trillion in foreign trade value, up 2.2% from a year earlier, of which, US$751.12 billion were export value and US$648.34 billion were import value, up 3.1% and 1.3% YoY, respectively.

Meanwhile, the country's state-owned enterprises saw their foreign trade value amount to US$565.03 billion during the nine-month period, down 0.8% YoY. Export value for the period decreased 3.9% YoY US$192.75 billion and import value edge up 0.9% YoY to US$ 372.28 billion.

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