Title: China's Foreign Trade — Embassy of the People's Republic of China in the United States of America
Headings: 
China's Foreign Trade
Contents
Foreword
I. Historic Progress in China's Foreign Trade
II. Reform of and Improvements to China's Foreign Trade System
III. The Development of China's Foreign Trade Contributes to the World Economy
IV. Promoting Basically Balanced Growth of Foreign Trade
V. Constructing All-round Economic and Trade Partnerships with Mutually Beneficial Cooperation
VI. Realizing Sustainable Development of Foreign Trade
Conclusion
Foreword
I. Historic Progress in China's Foreign Trade
II. Reform of and Improvements to China's Foreign Trade System
III. The Development of China's Foreign Trade Contributes to the World Economy
IV. Promoting Basically Balanced Growth of Foreign Trade
V. Constructing All-round Economic and Trade Partnerships with Mutually Beneficial Cooperation
VI. Realizing Sustainable Development of Foreign Trade
Conclusion

Content: With its WTO entry, China's trade in services entered a new stage of development. With its scale rapidly enlarged and its pattern gradually optimized, China's trade in services now ranks among the top in the world. China's trade in tourism, transport and other fields has maintained a steady growth momentum. China's cross-border services in construction, communications, insurance, finance, computers and information, royalties and license fees, consultation and related fields, as well as service outsourcing, have been growing rapidly. From 2001 to 2010 China's total services trade value (excluding government services) witnessed a more-than-five-fold growth from 71.9 billion U.S. dollars to 362.4 billion U.S. dollars. China's proportion in world services trade exports rose from 2.4 percent to 4.6 percent, worth 170.2 billion U.S. dollars in 2010, and jumped from the 12th place in the world to the 4th; China's proportion in world services trade imports increased from 2.6 percent to 5.5 percent, worth 192.2 billion U.S. dollars in 2010, moving from the 10th place in the world to the 3rd. (Figure 3 China's Services Trade Imports and Exports 1982-2010)
(Figure 4 The Growth of China's Total Import and Export Volume in Major Service Sectors 2005-2010) (More)
China's foreign trade development has greatly pushed forward the country's modernization drive. China has grown into an open economy. Participation in the international division of labor and competition, introduction of advanced technology, equipment and management methods, and utilization of foreign direct investment have greatly promoted China's technological progress and industrial upgrading, and also improved the management and market competitiveness of its enterprises.