In The First Three Quarters Of 2011, ASEAN Surpassed Japan To Become China's Third Largest Trading Partner.

On October 13th, Lu Peijun, deputy director of the Customs General Administration, introduced China's growth in foreign trade and other aspects, pointing out that the general trade import and export volume of US $1 trillion and 415 billion 750 million in the first three quarters increased by 31.7%. Among them, ASEAN has jumped over Japan to become China's third largest trading partner.

Lu Peijun said that customs statistics show that in the first three quarters of 2011, the general trade grew faster and the proportion of processing trade declined. In the first three quarters, China's general trade enters Exit 1 trillion and 415 billion 750 million US dollars, an increase of 31.7%, is 7.1 percentage points higher than that of China's overall import and export growth in the same period, accounting for 52.9% of China's total import and export value in the same period, up 2.9 percentage points from the same period last year. Over the same period, China's processing trade imports and exports reached 961 billion 600 million US dollars, an increase of 14.8%, accounting for 35.9% of China's total import and export value in the same period, a decrease of 3.1 percentage points compared with the same period last year.

At the same time, Lu said that China's first three quarters were right. External trade There are also the characteristics of the development of trade partners to diversify, the dependence on the traditional markets in Europe and the United States and the growth of emerging market countries.

In the first three quarters, China's bilateral trade growth rate to the EU, the United States and Japan was 20.9%, 17% and 18.2%, respectively, which were lower than China's overall import and export growth rate of 3.7, 7.6 and 6.4 percentage points respectively. European and Japanese traditions market The proportion in my exports was 43.7%, down 2 percentage points from the same period last year. Over the same period, ASEAN has jumped from Japan to China's third largest trading partner. The total value of bilateral trade imports and exports is US $267 billion 90 million, an increase of 26.4% over the same period last year.