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China's exports, imports up 7.9, 7.3 pct

English.news.cn   2014-01-10 10:58:24            

BEIJING, Jan. 10 (Xinhua) -- China's exports rose 7.9 percent year on year to 2.21 trillion U.S. dollars in 2013, while imports increased 7.3 percent to 1.95 trillion U.S. dollars, customs data revealed on Friday.

The foreign trade surplus widened to 259.75 billion U.S. dollars in 2013, an increase of 12.8 percent from a year earlier, said Zheng Yuesheng, spokesman for the General Administration of Customs.

Last year, the country's total exports and imports value surpassed 4trillion U.S. dollars for the first time to reach 4.16 trillion U.S. dollars, an increase of 7.6 percent year on year.

In December of 2013, China's foreign trade value hit a new high of 389.8 billion U.S. dollars, an increase of 6.2 percent from a year earlier.

Trade with the European Union (EU), China's biggest trade partner, edged up 2.1 percent year on year to 559.1 billion U.S. dollars in 2013. China exported 339 billion U.S. dollars' worth of goods to the EU, while importing 220.1 billion U.S. dollars' worth of goods from the EU.

Trade with the United States, China's second-biggest trade partner, rose 7.5 percent year on year to 521 billion U.S. dollars. China's exports to the United States amounted to 368.4 billion U.S. dollars, while imports from the country stood at 152.6 billion U.S. dollars.

China's trade with the Association of Southeast Asian Nations, its third-largest trading partner, rose 10.9 percent year on year to 443.6 billion U.S. dollars.

Its trade with Japan meanwhile contracted 5.1 percent year on year, to 312.55 billion U.S. dollars.


Xinhua Insight: China's CPI inflation eases, favorable to policymakers

BEIJING, Jan. 9 (Xinhua) -- Thursday's figures showed China's consumer price index (CPI) inflation rose lower than expected in December to a seven-month low.

December's CPI -- a main gauge of inflation -- rose 2.5 percent year on year, down from 3 percent in November and 3.2 percent in October, the National Bureau of Statistics (NBS) said. Full story

China's reform blueprint highlights quality, efficiency of economy

BEIJING, Jan. 9 (Xinhua) -- After a series of key conferences on the economy last year, China's reform framework and crucial areas have been hammered out clearly.

As senior leaders have repeatedly emphasized, China will focus more on innovation, the quality and efficiency of the economy than pure gross domestic product (GDP) expansion and economic growth acceleration. Full story


Editor: Fu Peng
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