Figures from the Shanghai branch of the State Administration of Foreign Exchange show that the current amount made up over 85 percent of Shanghai's total international payments in 2004.

The foreign exchange regulator said both merchandise and service trades maintained rapid growth, and direct investment took a significant share of the city's capital.

International payments have been rising at approximately 40 percent annually in China's largest metropolis over the last three years.   

(Photo source: baidu.com)

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