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Foreign Trade in Guangdong Up 30% on-year

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Southern China's Guangdong Province generated US$627.28 billion in foreign trade in the first 10 months of the year, a 30.1-percent year-on-year increase, the local customs house said Saturday.

Accounting for 26.2 percent of the nation's total foreign trade, the figure included US$360.05 billion of exports, up 26.7 percent year on year, and US$267.23 billion of imports, up 35 percent.

The province's leading trade partners were Hong Kong, the United States, the European Union, ASEAN members, Japan and Taiwan Province.

From January to October, Guangdong's trade with the European Union rose 27.4 percent year on year to US$75.46 billion while trade with the United States climbed 22.2 percent to US$80.28 billion.

Its trade with Taiwan Province jumped 34.2 percent year on year to US$40.43 billion while trade with Hong Kong increased 32 percent to US$122.22 billion.

(Xinhua News Agency November 21, 2010)

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