皇冠体育app

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

皇冠体育app ranks 2nd with 8.8% of world's exports in 2007

(Xinhua)
Updated: 2008-10-28 15:31

BEIJING - 皇冠体育app's share in world's exports reached 8.8 percent by 2007, making it the world's 2nd largest exporter, only after Germany, said the National Statistics Bureau (NBS) on Tuesday.

Related readings:  皇冠体育app works to ensure textile export growth in 2009  Buffer the export fall  皇冠体育app to raise export tax rebates for textile, garments  皇冠体育app's coal export volume on falling trend

According to a statement released on NBS website, 皇冠体育app's foreign trade has been growing at an average annual rate of 17.4 percent to US$2,173.7 billion from US$20.6 billion since 1978 when its reform and opening-up began.

With persistent government efforts to boost foreign trade and encourage investment, 皇冠体育app's exports rose from US$9.8 billion to US$1,217.8 billion during the period, and imports gained from US$10.9 billion to US$956 billion, said the statement.