Pudong mulls 20% hike in goods trade by 2015
By Richard Fu |
March 17, 2012, Saturday
|
Print Edition
Print Edition
SHANGHAI'S Pudong New Area aims to increase goods trade by 20 percent by 2015 from last year's level as the district continues to play a leading role in the city's drive to become a global trade center.
Goods trade is expected to rise to US$270 billion by 2015 - more than half of the city's total - from US$226 billion last year, Liu Zhengyi, Pudong's vice head, said yesterday.
Service trade will double from last year's US$35 billion, with rising competitiveness in the export of financial, telecom and information services, she said.
Pudong, home to the Waigaoqiao Free Trade Zone, Pudong International Airport and Yangshan Deep-water Port, is also a base for the regional headquarters of many multinational companies.
Officials said Pudong will continue to provide easier customs clearance and administrative approval procedure to such regional head offices.
Goods trade is expected to rise to US$270 billion by 2015 - more than half of the city's total - from US$226 billion last year, Liu Zhengyi, Pudong's vice head, said yesterday.
Service trade will double from last year's US$35 billion, with rising competitiveness in the export of financial, telecom and information services, she said.
Pudong, home to the Waigaoqiao Free Trade Zone, Pudong International Airport and Yangshan Deep-water Port, is also a base for the regional headquarters of many multinational companies.
Officials said Pudong will continue to provide easier customs clearance and administrative approval procedure to such regional head offices.
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