China's foreign trade reaches $2.97 trln in 2010, up by one third from 2009
13:03, 10 January 2011
BEIJING. January 10. KAZINFORM. China's foreign trade accounted for $2.97 trillion in 2010, which is one third more than in 2009, the country's main customs directorate said on Monday
Chinese exports grew by 31.1 percent, while imports increased by 38.7 percent, the directorate said. The overall growth is estimated as 34.7 percent.
China's trade surplus decreased by 6.4 percent last year and accounted for $183.1 billion.
China is the world's fastest-growing economy, with average growth rates of 10 percent in the past 30 years. It is also the largest exporter and second largest importer of goods, with its top six trade partners (US, Japan, Hong Kong, South Korea, Taiwan, Germany) making up over 50 percent of the country's international trade, Kazinform cites RIA Novosti.