Transcribed

China : Trade Indicator (Year-on-year growth)

3.9.6 Trade indicators, (year-on-year growth) Exports - Imports % 60_ for 40_ 20_ 0_ -20_ Jan Jul Jan Jul Feb 2011 2012 2013 Source: CEIC Data Company (accessed 11 March 2013). 3.9.7 Current account balance $ billion % of GDP - 500_ _15 400_ _12 300– 9 200_ 6 100- 3 2008 2009 2010 2011 2012 2013 2014 Forecast Sources: CEIC Data Company (accessed 4 February 2013); ADB estimates. 3.9.8 GDP growth % 5-year moving average 12- 10_ 8_ 2008 2009 2010 2011 2012 2013 2014 Forecast Sources: National Bureau of Statistics, People's Republic of China. http://www.stats.gov.cn/english/ (accessed 4 February 2013); ADB estimates. 3.9.6 Trade indicators, (year-on-year growth) Exports - Imports % 60_ for 40_ 20_ 0_ -20_ Jan Jul Jan Jul Feb 2011 2012 2013 Source: CEIC Data Company (accessed 11 March 2013). 3.9.7 Current account balance $ billion % of GDP - 500_ _15 400_ _12 300– 9 200_ 6 100- 3 2008 2009 2010 2011 2012 2013 2014 Forecast Sources: CEIC Data Company (accessed 4 February 2013); ADB estimates. 3.9.8 GDP growth % 5-year moving average 12- 10_ 8_ 2008 2009 2010 2011 2012 2013 2014 Forecast Sources: National Bureau of Statistics, People's Republic of China. http://www.stats.gov.cn/english/ (accessed 4 February 2013); ADB estimates.

China : Trade Indicator (Year-on-year growth)

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Trade flows grew more slowly in 2012, registering for the first time a slower increase than the government’s target: 6.2% vis-à-vis 10.0%. Weaker demand from major trading partners depressed export... growth to 7.9% based on customs data, down from 20.3% in 2011 (Figure 3.9.6). Exports nevertheless performed better than imports—which grew by only 4.4%, compared with 24.9% in 2011—widening the trade surplus to $233 billion from $158 billion in 2011, or below 3% of GDP. The services account remained in deficit as payments for tourism, transportation, and insurance exceeded receipts. These developments shrank the current account surplus to 2.6% of GDP in 2012 from 2.8% in 2011 (Figure 3.9.7). Owing to the attractiveness of the Chinese market, foreign direct investment inflows were less affected than trade by the unfavorable external environment, declining by only 3.7% from a year earlier and reaching $112 billion. Gross foreign exchange reserves grew by 3.1% to CNY3.3 trillion in 2012. - MINISTRY OF COMMERCE PEOPLE’S REPUBLIC OF CHINA http://english.mofcom.gov.cn/

China : Trade Indicator (Year-on-year growth)

China : Trade Indicator (Year-on-year growth)

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