Home>>Business
Last updated at: (Beijing Time) Tuesday, April 06, 2004

China has become world's 3rd top importer

A report issued by the World Trade Organization on Apr.5 in Geneva showed that China became the third largest importer in the world trade in 2003, following the US and Germany.


PRINT DISCUSSION CHINESE SEND TO FRIEND


A report issued by the World Trade Organization on Apr.5 in Geneva showed that China became the third largest importer in the world trade in 2003, following the US and Germany.

The report said that in terms of US dollars, China's imports rocketed by 40 percent last year and the import volume notched up to the third of the world from the sixth in the previous year. In 2003, China's exports soared up 35 percent.

The report predicted that this year the world economy would grow 3.7 percent while the global trade would increase by 7.5 percent, as long as the economic recoveries in the US and Europe sustained. The report also spotted Asian countries and economies in transitional period the fastest-growing importers and exporters in 2003 with their rise of import and export from 10 percent to 12 percent.

By People's Daily Online


Questions?Comments? Click here
    Advanced






China's annual crude oil imports will exceed 100 million tons: Report

China's imports grow faster than exports

China to expand imports from the US





 


Israel's killing of Yassin fuels conflict: Commentary ( 2 Messages)

How the US could improve its image abroad ( 14 Messages)

US urged not to fingerprint Chinese ( 10 Messages)

China hunts corrupt officials who abscond overseas ( 3 Messages)

Seven Chinese activists land on Diaoyu Islands ( 4 Messages)



Copyright by People's Daily Online, all rights reserved