Beijing, Aug 10: Indian exports to China zoomed by 101.5 per cent in the first half of 2003 to propel bilateral trade to a record 3.4 billion dollars, aided by impressive performance of iron and steel, ores, plastics and organic chemicals. India-China bilateral trade during January-June this year reached 3.4 billion dollars, up 67 per cent over the same period last year, according to statistics released by General Administration of Customs of China.
While Indian exports to China made an impressive growth of 101.5 per cent to touch 1.979 billion dollars, imports from China saw a moderate growth of 35 per cent to total 1.478 billion dollars.
The trade balance for the period was also in favour of India to the tune of 501 million dollars. Official sources said trade enquiries from Chinese companies have boomed after Prime Minister Atal Bihari Vajpayee's visit and this year's total trade is set to surpass last year's trade turnover of 4.9 billion US dollars.
In June alone, India exported goods worth 295 million dollars, up 86 per cent over January 2002. Bureau Report