Monday, January 10, 2011

Last year, nearly 3 trillion U.S. dollars of imports and exports total more balanced foreign trade

 General Administration of Customs data released on the 10th, 2010, China's foreign trade import and export value $ 2,972,760,000,000, an increase of 34.7%, the overall external trade in the direction of the basic balance.

Customs data show China's exports in 2010 $ 1,577,930,000,000, up 31.3%; imports of $ 1,394,830,000,000, up 38.7%; trade surplus was 183.1 billion U.S. dollars, decreased by 6.4%.

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the same time, China's trade surplus with export value increased from 2008, 11.6% to 8.9% in 2009, 2010, further reduced to 6.2%, the overall external trade in the direction of the basic balance.

According to customs statistics, in December 2010, China's foreign trade value of 295.22 billion U.S. dollars, up 21.4%. Exports 154.15 billion U.S. dollars, up 17.9%; imports 141.07 billion U.S. dollars, up 25.6%; month trade surplus of 13.08 billion U.S. dollars, down 28.9%. December 2010 China's exports, imports last month, just hit refresh both the historical record, the month China's foreign trade import and export value, export value and import value increased by 4% qoq, 0.5% and 8%, to promote the monthly import and export scale mark the first time, more than 290 billion U.S. dollars, while a record high.

In addition, in 2010, China's general trade import and export of $ 1,488,710,000,000, up 39.9%, higher than the current growth rate of 5.2 percentage points of import and export. China's processing trade imports and exports $ 1,157,760,000,000, an increase of 27.3%. Processing trade surplus of 322.9 billion U.S. dollars, expanding 22.2%, the overall surplus was equivalent to 1.76 times the size of.

bilateral trade with major trading partners in 2010, the China-EU bilateral trade value of 479.71 billion U.S. dollars, an increase of 31.8%. Sino-US trade amounted to 385.34 billion U.S. dollars, an increase of 29.2%. China and Japan amounted to 297.77 billion U.S. dollars of bilateral trade, an increase of 30.2%, Japan's trade deficit of 55.65 billion U.S. dollars, expanding 68.5%.

Customs statistics show that in 2010, China and ASEAN, India, Australia, Brazil, Russia and other emerging markets, rapid growth of bilateral trade. Bilateral trade with ASEAN which totaled 292.78 billion U.S. dollars, an increase of 37.5%. In the same year, India became the 10th largest trading partner of China, bilateral trade amounted to 61.76 billion U.S. dollars, an increase of 42.4%. In addition, I with Australia, Brazil and Russia bilateral trade value increased by 46.5%, 47.5% and 43.1%.

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