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2011 China's Imp&Exp over $ 3.6 trillion trade surplus narrowed 14.5% over the previous year
Date:2012/1/12 PV:8885

        General Administration of Customs today announced 2011 China's foreign trade situation. According to customs statistics, in 2011, China's foreign trade value of $ 3,642,060,000,000 over the same period in 2010 (below) increased 22.5%, import and export value of the annual refresh history. Among them, the export of $ 1.8986 trillion, up 20.3%; imports of $ 1.74346 trillion, up 24.9%. Trade surplus of 155.14 billion U.S. dollars, compared with a net decrease of $ 26.37 billion last year, narrowed 14.5%.
        Customs statistics show that in December 2011, China's import and export value of $ 332.92 billion, an increase of 12.6%. Which exports $ 174.72 billion, up 13.4%; imports $ 158.2 billion, an increase of 11.8%.
        Although, since the second half of 2011 China's foreign trade growth remained low, but the development of more balanced trade: imports and exports development, narrowing the trade surplus every year. 2011, in the "expansion of imports" policy under the guidance of China's import growth than export growth by 4.6 percentage points over the same period, foreign trade surplus narrowed in 2010, up 7.2% on the basis of 14.5% continued to narrow, reducing the $ 26.37 billion , then the ratio of total foreign trade surplus of 4.3%, 1.8 percentage points lower than the previous year.
        Trade structure continued to improve: general trade a strong return in 2011, China's general trade import and export of $ 1.92459 trillion, up 29.2% over the same period accounted for 52.8% of China's total import and export, the proportion improved compared with 2.7 percentage points in 2010. Which exports $ 917.12 billion, an increase of 27.3%, higher than the overall growth rate of exports over the same period by 7 percentage points; imported $ 1.00747 trillion, an increase of 31%, higher than the overall growth rate over the same period imports of 6.1 percentage points. Under the general trade deficit $ 90.35 billion, expanding 85.8%. The same period, China's processing trade $ 1.30521 trillion, up 12.7%. Which exports $ 835.42 billion, up 12.9%; imports 469.79 billion U.S. dollars, up 12.5%. Under processing trade surplus of 365.63 billion U.S. dollars, expanding by 13.4%.
        Diversification of trading partners, obvious effects: the traditional markets of Europe and Japan grew steadily, the strong growth in emerging market countries trade. In 2011, China-EU bilateral trade value of 567.21 billion U.S. dollars, up 18.3% over the same period China's overall export growth rate 4.2 percentage points lower. Meanwhile, Sino-US bilateral trade value $ 446.65 billion, an increase of 15.9% over the same period the overall growth rate of China's import and export of 6.6 percentage points lower. In 2011, I-ASEAN bilateral trade value $ 362.85 billion, an increase of 23.9%, higher than the overall growth rate of imports and exports over the same period by 1.4 percentage points. Among them, I exported 170.08 billion U.S. dollars to ASEAN, an increase of 23.1%; imports 192.77 billion U.S. dollars from ASEAN, an increase of 24.6%; $ 22.69 billion trade deficit with ASEAN to expand 37.1%. Sino-Japanese bilateral trade value of 342.89 billion U.S. dollars, up 15.1% over the same period China's overall export growth rate 7.4 percentage points lower. While Brazil, Russia and South Africa bilateral trade import and export value were 84.2 billion, 79.25 billion and 45.43 billion U.S. dollars, up 34.5%, 42.7% and 76.7%, higher than China's overall export growth rate over the same period, indicating that I have strong trade growth in emerging market countries.
        Trade more reasonable regional distribution: Guangdong, Jiangsu and seven provinces together account for 80% of foreign trade for more than a strong impetus to the development of foreign trade Midwest. In 2011, Guangdong Province export value $ 913.48 billion, an increase of 16.4%. Meanwhile, Jiangsu Province, Shanghai and Beijing, respectively 539 760 000 000 import and export value, 437.31 billion and 389.49 billion U.S. dollars, up 15.9%, 18.5% and 29.1%. In addition, Zhejiang, Shandong and Fujian import and export values ??were 309.4 billion, 235.99 billion and 143.56 billion U.S. dollars, up 22%, 24.8% and 32%. Total export value of the seven provinces and the country's total import and export value of 81.5%. From the export side, in 2011, Guangdong exported $ 531.94 billion, up by 17.4%. The same period, Jiangsu, Zhejiang and Shanghai, respectively, exports 312.62 billion, 216.36 billion and 209.69 billion U.S. dollars, up 15.6%, 19.9% ??and 16%. In addition, Shandong, Fujian and Beijing, respectively, exports 125.79 billion, 92.84 billion and 59.03 billion U.S. dollars, up 20.7%, 29.9% and 6.5%. The central and western regions was significantly higher than the national export growth over the same period the overall export growth, including Chongqing, Henan, Guizhou and Jiangxi provinces of export growth were 1.6 times, 82.7%, 55.5% and 63.1%.
        Positive changes in the main structure of trade: foreign-funded enterprises continue to dominate, the proportion of private enterprises grew rapidly. In 2011, foreign-invested enterprises import and export $ 1.86016 trillion, up 16.2% over the same period accounted for 51.1% of China's total import and export, the share dropped 2.8 percentage points. The same period, private enterprises (including collective, private and other enterprises) export $ 1.02128 trillion, up 36%, higher than the same period the overall growth rate of China's import and export of 13.5 percentage points over the same period 28% of China's total import and export, compared with years to enhance the 2.8 percentage points. In addition, the state-owned enterprises import and export 760.62 billion U.S. dollars, up 22.2%.
Export commodities in 2011, China's export of electromechanical products $ 1.08559 trillion, an increase of 16.3%. Consumer electrical and electronic products exported 445.79 billion U.S. dollars, up 14.7%; machinery and equipment exports $ 353.77 billion, an increase of 14.2%. Steady growth in exports of traditional commodities, including clothing exports 153.22 billion U.S. dollars, up 18.3%; textile exports 94.67 billion U.S. dollars, up 22.9 percent; footwear exports $ 41.72 billion, an increase of 17.1%.
        Imported goods in 2011, China's imports of primary products $ 604.38 billion, an increase of 39.3%. Of which 690 million tons of iron ore imports, up 10.9%, average import price of $ 163.8 per ton, up 27.1%. The same period, soybean imports 52.64 million tons, down 3.9%, average import price of $ 566.8 per ton, up 23.7%. In addition, imports of machinery and electronic products 753.29 billion U.S. dollars, up 14.1%; of which 1.036 million imported cars, an increase of 27.8%

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