Foreign trade surges, trade surplus narrows

0 Comment(s)Print E-mail Xinhua, January 10, 2012
Adjust font size:

Trucks move containers at a?port. China's foreign trade rises sharply in 2011 from a year ago. [CFP] 

China's foreign trade surged 22.5 percent in 2011 from a year earlier to hit 3.64 trillion U.S. dollars, the General Administration of Customs (GAC) said Tuesday.

The country's annual trade surplus narrowed 14.5 percent year-on-year to 155.14 billion U.S. dollars in 2011, the administration said.

The figure has fallen from 295.47 billion U.S. dollars in 2008, 196.07 billion U.S. dollars in 2009, and 183.1 billion U.S. dollars in 2010.

Exports rose 20.3 percent year-on-year to reach 1.9 trillion U.S. dollars last year, compared with an increase of 31.3 percent in 2010, while imports grew 24.9 percent to 1.74 trillion U.S. dollars, much lower than 2010's growth of 38.7 percent, the GAC said.

In December, the country's exports totaled 174.72 billion U.S. dollars, up 13.4 percent year-on-year. Imports increased 11.8 percent year-on-year to 158.2 billion U.S. dollars.

China, already the world's second-largest importer, is expected to take over as the world's top importer in another two or three years and contribute to global economic recovery, said Zhou Shijian, a senior research fellow from the Center for US-China Relations, Tsinghua University.

Zhou further noted that China should consider measures to spur exports instead of "stabilizing exports," as the government has stated. He projected growth in exports, once a major engine driving China's fast economic expansion, to continue registering in the single digits this year.

Weakening demand for exports because of the Eurozone debt morass and a sluggish U.S. economy have weighed on the Chinese economy, as its GDP growth slowed to 9.1 percent in the third quarter of 2011 from 9.5 percent in the second quarter and 9.7 percent in the first quarter.

The country is scheduled to release its GDP data for the fourth quarter as well as all of 2011 on Jan. 17.

The GAC data showed China's trade with emerging economies greatly outpaced last year's average growth, with its trade with Brazil, Russia and South Africa rising by 34.5 percent, 42.7 percent and 76.7 percent, respectively.

The European Union (EU) remained China's top trading partner, with bilateral trade amounting to 567.21 billion U.S. dollars, up 18.3 percent year-on-year.

China's trade with the United States, the country's No. 2 trading partner, rose 15.9 percent from a year ago to 446.65 billion U.S. dollars.

A free trade area arrangement between China and the Association of Southeast Asian Nations (ASEAN) continued to boost China-ASEAN trade, which rose by 23.9 percent year-on-year to 362.85 billion U.S. dollars in 2011.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: bbbbbbbw日本| 久久综合狠狠色综合伊人| 精品免费视频一卡2卡三卡4卡不卡| 国产成人精品福利网站在线| 91人成在线观看网站| 女女女女BBBBBB毛片在线| 丰满岳乱妇一区二区三区| 春暖花开亚洲性无区一区二区| 亚洲最新黄色网址| 狠狠色成人综合首页| 午夜精品久久久久久毛片| 色橹橹欧美在线观看视频高清| 国产欧美另类久久精品蜜芽| 69tang在线观看| 大胸年轻的搜子4理论| 一本到在线观看视频| 无遮挡h肉动漫网站| 久久精品无码aV| 欧美一区二区三区久久综| 亚洲欧美在线观看一区二区| 男人的天堂久久| 午夜精品久久久久久99热| 色综合久久中文字幕无码| 国产成人女人在线视频观看| 2023天天操| 国产精品无码翘臀在线观看 | 福利视频1000| 又黄又爽做受视频免费看视频下载| 色综合久久综合中文小说| 国产在线乱码在线视频| 久久黄色精品视频| 国产白袜脚足j棉袜在线观看| 2021精品国产品免费观看| 国内精品久久久久影院一蜜桃| av无码免费永久在线观看| 婷婷四房综合激情五月在线| 不卡视频免费在线观看| 我的初次内射欧美成人影视 | 厨房切底征服岳| 经典国产一级毛片| 国产igao视频网在线观看hd|