Rise in export value

PRIVATE businesses in Shanghai reported export value of US$1.43 billion last month, a growth of 64.8 percent on the previous month, local Customs said yesterday.

Though last month's export value was 2.2 percent below the year-earlier level, the decline rate was 30.1 percentage points lower than the February level. Local Customs said the recovery was partly driven by sales of garments and shoes.