Strong Momentum for China's Foreign Trade

In 1995, China’s foreign trade still has maintained a strong development momentum under the promotion of the reform. A sustained growth momentum has been maintained in foreign trade. According to the customs statistics, China’s import and export volume rose to US$126.4 billion in the first six months of this year, 29.6 percent higher than the same period of last year. Exports are US$69.79 billion, a 44.2 percent increase and imports stand at US$56.61 billion, a 15.2 percent increase. The foreign trade development has the following general