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US exports to China grow 22.6 pct annually since 2000 - commerce ministry


Published : Sun, 14 Oct 2007 20:53
By : Agencies
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BEIJING (XFN-ASIA) - US exports to China have risen by an average 22.6 pct annually since 2000, the Ministry of Commerce said.

In a statement on its website, the ministry said bilateral trade between the US and China totaled 262.7 bln usd in 2006.

US investors had set up more than 50,000 firms in China by the end of 2006, with actual investment exceeding 54 bln usd, it said.

US firms earned profits of around 10 bln usd in China last year, the ministry added.

allen.shu@xfn.com

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xfnals/xfnjanm

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