Imports and Exports

Imports and exports cleared by Beijing Customs were valued at US$68.46 billion in 2003, up 30.4 percent over the previous year. Imports alone were valued at US$51.61 billion, an increase of 29.4 percent, with exports at US$16.85 billion and 33.6 percent. Overseas construction and labour-service contracts signed by the city were valued at US$480 million, up 72.7 percent for the year. Business revenues of US$350 million were generated with these contracts, an increase of 50.8 percent over the previous year.