Economy

China's foreign trade value down 13.9% in 2009

(Xinhua)
Updated: 2010-02-25 22:29
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BEIJING: China's total import and export value topped 2.21 trillion US dollars in 2009, down 13.9 percent year-on-year, according to China's National Bureau of Statistics (NBS).

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Of this total, the value of goods exported was 1.2 trillion US dollars, down 16 percent year-on-year, while the value of goods imported was 1.01 trillion US dollars, decreasing by 11.2 percent from the previous year, according to the report released on NBS' official website Thursday.

China's Consumer Price Index (CPI), a main inflation gauge, dipped 0.7 percent in 2009 year-on-year, with food prices registering a 0.7-percent year-on-year rise.

NBS figures revealed that China's gross domestic product (GDP) rose 8.7 percent year-on-year in 2009 to reach 33.53 trillion yuan (about 4.9 trillion US dollars).

China's fiscal revenue topped 6.85 trillion yuan in 2009, up 11.7 percent from the previous year. Of this total, taxes collected for the year reached 5.95 trillion yuan, up 9.8 percent or an increase of 529.1 billion yuan from 2008, said the NBS.
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