GUANGZHOU, Oct. 28 (Xinhua) -- China's total volume of foreign trade is expected to exceed 2.1 trillion U.S. dollars, up 20 percent over last year, according to a report issued by the Ministry of Commerce during the ongoing 102nd China Import and Export Commodities Fair.
The export volume will reach 1.2 trillion U.S. dollars and the import volume will be 950 billion U.S. dollars, with a trade surplus of 250 billion.
"Continued global economic growth and the robust demand of the international market have contributed to China's increasing foreign trade," said Liu Haiquan, the Deputy Director of the General Department with the ministry.
The ever increasing amount of foreign direct investment (FDI) has also played an important role, said the official, citing China's actual FDI, which rose 10.9 percent year-on-year to 47.2 billion U.S. dollars in the first...





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