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ICBC launches foray into Indonesian banking
CITIC gets Kazakhstan oil assets for 1.91 bln USD
Foreign banks' share limit in Chinese banks remains at 25 pct
Tibet records rapid tourism growth
China to impose export tariffs on more resource-intensive products
China sets up second petroleum exchange
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China says tax revenues up 22 percent amid surging growth
Economists: China's saving deposits slow, domestic demand still uncertain
Value of RMB against USD finishes year on new high
Individual buyers spur booming car market
Guangdong lowers GDP growth rate for 2007
China eases access for banks in pilot rural areas
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More than 77 pct Chinese mobile users sure to buy 3G handsets
Net profit of ICBC expected to grow 26 pct this year
Insurance companies report return on investment of 4.86 pct
More foreign lenders apply to join RMB retail bandwagon
Electrolytic aluminum output expected to grow 14% in 2007
China mulls to join int'l treaties to combat Internet piracy
 
China's foreign trade to top 1.75 trillion USD in 2006
BEIJING, Jan. 2 (Xinhua) -- China's imports and exports in 2006would exceed 1.75 trillion U.S. dollars, up 24 percent or 330 billion U.S. dollars from 2005, according to the Ministry of Commerce.


The figure was close to the ministry's previous forecast of 1.758 trillion U.S. dollars.


However, the ministry did not reveal the December figures.


The ministry previously projected that the country's exports in2006 would reach 963 billion U.S. dollars, up 27 percent from 2005,and imports would hit 795 billion U.S. dollars, up 20 percent.


Since China's aggregate trade surplus surged to 156.521 billion U.S. dollars through November, dwarfing the 102 billion U.S. dollars for the full year of 2005, the projections would mean the December trade surplus would plummet from November's 22.9 billion U.S. dollars to 11 billion U.S. dollars.

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