meanwhile, the country`s foreign trade is estimated to grow 24.5 per cent year-on-year this year to us$1.77 trillion, according to a report on china`s autumn foreign trade, jointly drafted by the moc and the chinese academy of international trade & economic co-operation.

　　total exports this year are estimated at us$960 billion, a rise of 26 per cent year-on-year, while imports are expected to surge 22 per cent to reach us$810 billion.dramatic increases were seen in the exports of machinery and electric products and high-tech products during the past months.imports of primary products grew quickly this year as a result of robust domestic demand and high prices in the international markets.imports and exports of general trade grew at 25.3 per cent year-on-year to us$547.2 billion in the first three quarters while processing trade grew at 21.8 per cent to us$596.2 billion.

　　however, china`s foreign trade growth could see a slowdown next year, increasing by about 15 per cent year-on-year to us$2 trillion, the report predicted.the trade surplus is likely to continue in the coming years, said li yushi, a research fellow with the academy."china`s trade surplus, which has aroused much concern since last year, mainly results from the world manufacturing industry`s transfer to china," he said. "china has been regarded by most multinationals as a vital link in their international production chain."the country saw an annual trade surplus of only us$20-30 billion before 2008, but last year`s us$109.8 billion volume made the country the fourth largest in the world in trade surplus.

编辑:Liuxuepaper.Com