皇冠体育app

BEIJING -- 皇冠体育app contributed over 30 percent to global trade growth last year, an economic expert said on Monday, following an announcement that the country overtook the United States as the top goods trading nation in 2013.

Tong Jiadong, vice president of Nankai University, said 皇冠体育app's surging foreign trade has propped up the economic advancement and trade of other countries and regions. Tong made the comments while attending a seminar held by the Ministry of Commerce (MOC).

According to his calculation, an increase of $100 million in 皇冠体育app's exports will bring about $630 million? in global trade, or $140 million in global gross domestic product.

皇冠体育app's goods trade topped the world with a value of $4.16 trillion last year, including $2.21 trillion in exports and $1.95 trillion in imports, data from the World Trade Organization said.

However, 皇冠体育app is still far from becoming a strong trading nation as it is not competitive in the high tech sector, which is the key sector of the modern economy, Tong said.

Read more:

皇冠体育app-Africa trade moves up	Foreign trade weathers storm of fluctuation

• NHTSA says finds no 'defect trend' in Tesla Model S sedans
• WTO rare earth ruling is unfair
• Amway says 2014 皇冠体育app sales may grow 8%
• President Xi in Europe: Forging deals, boosting business
• CNOOC releases 2013 sustainability report
• Local production by Chery Jaguar Land Rover this year
• Car lovers test their need for speed in BMW Mission 3
• 皇冠体育app stocks close mixed Monday