China's Trade With Emerging Markets Increased Strongly In 2010.
Learned from the Ministry of Commerce, China and emerging in 2010 market Bilateral trade growth is strong, China has become Trade Main partners Exit Market.
At present, the European Union, the United States and Japan are still the top three trading partners of China. The volume of trade with us increased by 31.8%, 29.2% and 30.2% respectively in 2010. Over the same period, China's trade volume with ASEAN, Brazil, Russia, South Africa and India increased by 37.5%, 47.5%, 43.1%, 59.5% and 42.4% respectively.
Statistics show that China has become the largest trading partner and the largest export destination of Japan, South Korea, ASEAN, Australia, South Africa and other countries and regions. It is the second largest trading partner and the second largest export destination of the European Union, and is the second largest trading partner and third largest export destination of the United States.
Ministry of Commerce spokesman Yao Jian said recently that China's foreign trade development has many favorable conditions in 2011, but it also faces various pressures such as slow recovery of the world economy, possible warming of trade friction, rising concentration of production factor costs, and increasingly fierce market competition. In this regard, the Ministry of Commerce will intensify its structural adjustment and transformation and upgrading of foreign trade, consolidate its traditional advantages and create new advantages in foreign trade competition, and strive to maintain steady growth in foreign trade and promote a basically balanced foreign trade.
According to the data released by the General Administration of customs, the total value of China's foreign trade imports and exports in 2010 was 2 trillion and 972 billion 760 million US dollars, an increase of 34.7% over the same period last year.
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