Guangdong reports trade boom in 2013

The trade value of Guangdong province, one of the economic powerhouses of South China, reached $1.09 trillion in 2013, an annual increase of 10.9 percent, Governor Zhu Xiaodan said on Thursday.

In a government work report to the annual provincial legislative meeting, which opened on Thursday in Guangzhou, the provincial capital, Zhu said local authorities introduced a series of effective measures last year to ensure stable trade performance.

"We have made great efforts to optimize the trade structure; exports of new and high-tech products and the service trade made for rapid growth in 2013," Zhu said.

Meanwhile, the province attracted foreign direct investment worth of $24.95 billion in 2013, with investment in the service sector increasing by 17.6 percent, according to Zhu.