China's total foreign trade volume will reach US$840 billion for 2003, up from US$620 billion in 2002, while the inflow of actual foreign direct investment (FDI) in 2003 will equal 2002's US$52.7 billion, the government announced.
Exports are expected to reach US$430 billion while imports will climb to US$410 billion.
To increase FDI flow to China in 2004, the government said it would not change its favorable policies towards foreign investors.
But analysts expect it will be difficult to maintain a high growth rate for exports in 2004, due to rising trade friction and cuts in export tax rebates.
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