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Exports of Guangdong hit record high despite global downturn

(Xinhua)
Updated: 2008-10-23 11:50

Exports from southern China's Guangdong Province set a monthly record of $39.1 billion in September, bucking the global downturn, local customs sources said Wednesday.

The previous record was $37.1 billion in July for the province, Guangzhou Customs said.

The export volume, which was 28.7 percent of the country's total, was 14.8 percent up from the same month last year.

Guangdong's foreign trade hit $65.7 billion in September, breaking the previous record of $60.8 billion in November last year.

Electric appliances, electronic products and machinery accounted for 70 percent of exports, up 18.6 percent in the first nine months over the same period last year.

However, the province saw a drop in textiles and clothes exports for the eighth consecutive month. In the first three quarters, the province exported $24.5 billion of textiles and clothes, down 22.6 percent from the same period last year.

China's gross domestic product grew 9.9 percent in the first three quarters, 2.3 percentage points lower than the same period last year.