The foreign trade volume of China's Pearl River Delta (PRD)
region reached US$514.3 billion in 2005, or 36.2 percent of the
country's total.
It is the first time that the region, including nine southern
mainland provinces or autonomous regions, has realized trade
volumes exceeding US$500 billion, said Wednesday's Beijing
News, citing official customs statistics.
According to the newspaper, more than 52 percent of the
commodities processed in the PRD region were exported to foreign
countries last year, with an export value of US$193.87 billion.
The composition of the traded commodities in the PRD region also
improved last year in keeping with the rapid economic growth of the
region, said the newspaper.
The customs statistics said the total export value of mechanical
and electrical products in the region increased 26 percent to
US$184.3 billion in 2005, sharing 63.3 percent of China's national
exports.
The export of high-tech products surged 24 percent to US$92.4
billion.
In addition, the region increased exports of special local
products IN 2005, with fireworks exports in Hunan province and
Guangxi Zhuang Autonomous Region hitting US$18.6 million and
US$59.15 million respectively.
Facing challenges from the booming Yangtze River Delta and the
emerging Bohai Bay economic circle in north China, the PRD has
teamed up with neighboring localities to become "one of the world's
most prosperous and developed hubs".
The PRD region includes Fujian, Jiangxi, Hunan, Guangdong,
Guangxi, Hainan, Sichuan, Guizhou and Yunnan, as well as Hong Kong
and Macao. The vast region now accounts for 40 percent of China's
GDP.
(Xinhua News Agency February 9, 2006)