China ranks 2nd with 8.8% of world's exports by 2007
[2008-12-23 17:03:06]
China'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.
According to a statement released on NBS website, China's foreign trade has been growing at an average annual rate of 17.4 percent to 2,173.7 billion U.S. dollars from 20.6 billion dollars since 1978 when its reform and opening-up began.
With persistent government efforts to boost foreign trade and encourage investment, China's exports rose from 9.8 billion dollars to 1,217.8 billion dollars during the period, and imports gained from 10.9 billion dollars to 956 billion dollars, said the statement.
Keywords:Foreign Trade; importer
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