Latest News:  


China less dependent on foreign trade in 2012


08:34, February 08, 2013

BEIJING, Feb. 7 (Xinhua) -- China's foreign trade dependence ratio dropped 3.1 percentage points to 47 percent in 2012, the General Administration of Customs (GAC) said Thursday.

The export dependence ratio declined 1.2 percentage points from 2011 to 24.9 percent, while the import dependence ratio fell 1.9 percentage points to 22.1 percent, according to GAC.

The foreign trade dependence ratio refers to the ratio of a given economy's foreign trade volume to its GDP. It measures the degree of dependence on foreign trade.

China's foreign trade dependence ratio rose sharply after it entered the World Trade Organization in 2001, hitting a record high of 67 percent in 2006. The ratio has declined since then.

But China's foreign trade dependence ratio still runs at a relatively high level, compared with ratios of about 30 percent in the U.S., Japan and Brazil.

China is the world's largest exporter and second-largest importer.

Email|Print|Comments(Editor:LiZhenyu、Chen Lidan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Chinese navy conducts landing training

  2. Winter training on snow-capped mountains

  3. Imitation of Russian Empress' crown unveiled

  4. 12 killed in SW China road accident

  5. Moments that melt your heart

  6. China's transport sees travel rush

  7. Celine Dion set to shine on night of stars

  8. Avoid problems caused by napping in a car

  9. Robot pavilion opens to public at Taipei

  10. China's income distribution reform

Most Popular


  1. US to withdraw from Middle East?
  2. Ensure fairness during festival travel rush
  3. Is the wolf really gone?
  4. K-pop on Spring Festival gala stirs controversy
  5. Some media don't get the message: no bootlicking
  6. US playing strategic arms game
  7. Aiming at fairer realty market
  8. Dark business environment breeds dark deeds
  9. Israel-Palestine peace talks dominate Obama's visit
  10. Cowardly officials behind thuggish pawns

What’s happening in China

Beast removal to new home: Chengdu zoo moves wild animals

  1. Invasion of privacy a tricky affair
  2. Chinese spend big for Valentine's Day
  3. China ends free postgrad tuition
  4. Media told to drop ads for gifts
  5. China to develop sustainable marine fishery