Foreign trade


In 2000, the total value of imports and exports increased by 38.8 per cent, from US$8.392 billion in the previous year to US$11.651 billion. The total value of exports increased by 41.8 per cent to US$4.627 billion (15.57 per cent of the city's GDP and 1.86 per cent of China's total export value). Export of primary products and manufactured products amounted to US$278 million and US$4348 million respectively, or 6 per cent and 94 per cent of China's total export value. Commodities were exported to 179 countries and regions . Changes in key export destinations over the last five years are shown in Table 7.1.2.

Import value totalled US$7.024 billion in 2000, up 36.8 per cent on US$5.181 billion in 1999. Import of primary products and manufactured products amounted to US$376 million and US$6.648 billion respectively; 5.4 per cent and 94.6 per cent of the total import value.

Table 7.1.2: Top five export destinations, Beijing, 1995 and 2000

Country/region

Export value (US$ million)

% of total exports

1995

   

Hong Kong

708.09

27.77

Japan

497.96

19.53

USA

317.92

12.47

Germany

151.34

5.94

Russia

70.61

3.83

Total

1,745.92

69.54

2000

   

Japan

1,000.8

21.63

Hong Kong

806.45

17.43

USA

611.56

13.22

Germany

249.26

5.39

Russia

231.03

4.99

Total

2,899.1

62.66

Imports came from 193 countries and regions. The changes in key import origins between 1995 and 2000 are as shown in Table 7.1.3.

Table 7.1.3: Top five import markets, Beijing, 1995 and 2000

Country/region

Import value (US$ million)

% of total export

1995

   

Japan

784.22

42.61

USA

279.87

15.21

Hong Kong

239.11

12.99

Peru

120.65

5.56

UK

71.87

3.90

Total

1,685.13

91.56

2000

   

Japan

1,434.11

20.42

Finland

1,378.82

19.63

USA

767.98

10.93

Germany

480.74

6.84

Sweden

443.74

6.32

Total

4,505.39

63.96




Doing Business with China
Doing Business with China
ISBN: 1905050089
EAN: 2147483647
Year: 2003
Pages: 648
Authors: Lord Brittan

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