China Is The World's Largest Goods Exporter: WTO
beaumontenterprise.com
China maintained its position as the World's largest goods exporter in 2016, a Ministry of Commerce statement said Thursday, citing data from the World Trade Organization (WTO), the China Daily reports.
Accounting for 13.2 percent of the world's total in value, China's goods exports topped $2.1 trillion last year, in contrast to $1.6 trillion in imports, the statement said.
In 2017, global trade is likely to grow by 2.4 percent year-on-year despite uncertainties, according to the WTO.
China's exports and imports have leapfrogged in decades of reforms and opening-up, especially after China's entry into the WTO in 2001.
Other materials on this subject
- Russia, Iran are negotiating creation of common steblecoin on gold The Iranian government intends to secure this token with gold, that is, it will be a kind of steblecoin. The token is expected to work in a special economic zone in Astrakhan, which will receive cargo...
- G7 coalition has agreed to set fixed price for Russian oil The initial price itself has not been set, but should be in coming weeks, multiple sources said. Coalition partners agreed to regularly review the fixed price and revise it as needed, the source said,...
- Details of 8th package of EU sanctions against Russia became known Thus, Brussels will establish a legal basis for determining the price ceiling for Russian oil for its transportation by sea from December and oil products - from February 2023.
- White House Accuses Opec+ of Aligning with Russia The Opec+ group said it would reduce production targets by 2mn barrels a day, equivalent to 2 per cent of global supply, following its first in-person meeting in two years in Vienna. The actual cut in...
- UNCTAD Warns of Policy-Induced Global Recession According to the report, rapid interest rate increases and fiscal tightening in advanced economies combined with the cascading crises resulting from the COVID pandemic and the war in Ukraine have already...
-
17:08
The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05
The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11
Armenia sends earthquake aid to Turkey
-
10:43
Commemoration of the Pontiff St. Sahak Partev
-
09:16
Some roads are closed and difficult to pass in Armenia
-
19:55
Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30
Prime Minister Pashinyan and President Khachaturyan meet
-
18:20
Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01
Humans could land on Mars within 10 years, Musk predicts
-
16:45
France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01
Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59
Earthquake death toll in Turkey rises to 18,342
-
15:43
Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06
French president rules out fighter jet supplies to Ukraine in near future
-
14:47
5 Day Weather Forecast in Armenia
-
14:44
President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20
Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57
France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40
Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16
The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
Most read
day
week
month
Weather
Yerevan
Humidity: %
Wind: km/h
0 C°
0° 0°
12.12.2024
0° 0°
13.12.2024
Poll