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    China'S Foreign Trade Has Returned To Pre Crisis Level.

    2011/1/11 14:12:00 55

    Import And Export Of Foreign Trade

    According to the General Administration of Customs announced yesterday in 2010

    foreign trade

    The import and export situation shows that in 2010, I entered foreign trade.

    Exit

    The total value of US $2 trillion and 972 billion 760 million is 34.7% higher than that of the same period last year.

    This shows that in 2010, China's foreign trade import and export scale has revert to the level before the financial crisis.


    Foreign trade hit a new high in December.


    According to customs statistics, in 2010, China's foreign trade import and export amounted to US $2 trillion and 972 billion 760 million, an increase of 34.7%.

    Of which, exports amounted to 1 trillion and 577 billion 930 million US dollars, an increase of 31.3%; imports of US $1 trillion and 394 billion 830 million, an increase of 38.7%; the trade surplus was US $183 billion 100 million, a decrease of 6.4%.

    At the same time, our country

    Trade

    The ratio of surplus to total import and export has dropped from 11.6% in 2008 to 6.2% in 2010, and foreign trade has been basically balanced.


    Customs statistics show that in December 2010, China's import and export value was 295 billion 220 million US dollars, an increase of 21.4%.

    Of which, exports amounted to 154 billion 150 million US dollars, an increase of 17.9%; imports of US $141 billion 70 million, an increase of 25.6%; the trade surplus of that month was 13 billion 80 million US dollars, a decrease of 28.9%.

    In December, the value of China's exports and imports doubled to a record high last month. In the same month, China's foreign trade import and export value, export value and import value increased by 4%, 0.5% and 8% respectively, pushing the monthly import and export scale for the first time to exceed 290 billion US dollars, and at the same time, it hit a record high.


    Foreign trade increased by 1.56 times in 11th Five-Year.


    Zheng Yuesheng, director of the Statistics Department of the General Administration of customs, said in an interview with CNN yesterday that the total foreign trade of China in 11th Five-Year was 11 trillion and 680 billion 570 million US dollars, an increase of 1.56 times over the fifteen period, with an average annual growth of 15.9%, of which 6 trillion and 399 billion 670 million US dollars were exported and 52809 billion US dollars were imported, respectively, by 1.68 and 1.43 times respectively.

    In the past 5 years, despite the impact of the international financial crisis, imports and exports in 2009 dropped by nearly 14 percentage points, but the whole 11th Five-Year period is still the best and fastest 5 years for China's foreign trade.


    Five highlights of foreign trade


    At the same time, Zheng Yuesheng said that China's foreign trade in 2010 has five bright points: first, China's foreign trade has revert to the level before the financial crisis.

    In the first 11 months of 2010, China's import and export value has surpassed the best level in 2008 of 2 trillion and 560 billion US dollars in history. Compared with 2008, the total import and export value, export value and import value increased by 15.9%, 10.3% and 23.1% respectively. This indicates that China's macro-control measures against international financial crisis are completely correct and have been effectively implemented in practice.

    Two, the development of China's foreign trade is more balanced.

    Three, China's foreign trade growth mode pformation and upgrading has achieved initial success.

    Four, the trade development of our country's foreign trade and emerging market is fast, and the market diversification is more significant.

    Five, undertaking industrial pfer has led to a significant increase in exports in the central and western regions and promoted balanced and coordinated development among regions.

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