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: Over the past 30 years or so, seizing the opportunity of the world economy's long-term prosperity and the deepening economic globalization, China has opened wider to the outside world, attracted and utilized foreign investment, introduced advanced technology, transformed and upgraded domestic industries, and achieved rapid development in foreign trade through all-round participation in the international division of labor and competition. -- China's total trade volume in goods ranks high globally. In 1978 the total value of China's import and export was only 20.6 billion U.S. dollars, ranking 32nd in world trade and accounting for less than 1 percent of the world's total. In 2010 the total value of China's import and export reached 2.974 trillion U.S. dollars, 144 times as much as that in 1978, averaging an annual growth of 16.8 percent. In 2010 the total value of China's export was 1.5778 trillion U.S. dollars, showing an a 17.2 percent annual growth on average, and the total value of its import was 1.3962 trillion U.S. dollars, showing a 16.4 percent annual growth on average. In 2010, the total volumes of China's export and import accounted for 10.4 percent and 9.1 percent of the world's total, respectively. By the end of 2010 China had been the world's largest exporter and second-largest importer for two consecutive years. (Figure 1 China's Import and Export of Goods 1978-2010)
-- The structure of China's trade in goods has fundamentally changed. China's export commodity structure shifted from the primary products dominated to manufactured goods dominated in the 1980s, and from mainly light industrial and textile products to mainly mechanical and electronic products in the 1990s. In the new century, China's export of high-tech products, led by electronics and information technology commodities, has been increasingly expanded.