News Content
China surpasses US as world's biggest trading country in 2013
CHINA has become the world's biggest trading nation, overtaking the United States in 2013 with an annual trade value surpassing US$4 trillion for the first time last year according to official data.
Total trade increased 7.6 per cent year on year to $4.16 trillion, reported the London Guardian, which added that the US has yet to publish its 2013 trade figures, but with trade totalling $3.5 trillion in the first 11 months of the year, it is unlikely to beat China.
"It is very likely that China overtook the US to become the world's largest trading country in goods in 2013 for the first time. This is a landmark milestone for our nation's foreign trade development," said China Customs spokesman Zheng Yuesheng.
Total trade increased 7.6 per cent year on year to $4.16 trillion, reported the London Guardian, which added that the US has yet to publish its 2013 trade figures, but with trade totalling $3.5 trillion in the first 11 months of the year, it is unlikely to beat China.
"It is very likely that China overtook the US to become the world's largest trading country in goods in 2013 for the first time. This is a landmark milestone for our nation's foreign trade development," said China Customs spokesman Zheng Yuesheng.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
