In the series of reports on the 60th anniversary of the new China, the Bureau of Statistics pointed out that in the past 60 years, China’s total import and export volume has been continuously enhanced in world trade. In 1950, China’s total import and export value accounted for 0.9% of the world’s total import and export volume, and by 2008 it reached more than 8%. Among them, China's total export value ranked 27th in the global ranking in 1950, after 30 years, and rose to 26th in 1980. Since then, the ranking has risen linearly, ranking 15th in 1990 and 6th in 2001, 2004. - In 2006, it ranked third, and in 2007-2008 it rose to the second place. China has become an important manufacturing processing and production base in the world.
Before the reform and opening up, as China's economy was generally closed, imports and exports were always at a low level. In 1950, China’s total import and export value was only 1.135 billion U.S. dollars, 1.890 billion U.S. dollars in 1960, 4.586 billion U.S. dollars in 1970, and reached 14.804 billion U.S. dollars in 1977. The volume of foreign trade increased 12 times in 28 years, and the average annual value from 1950 to 1977. Growth of 9.9%.
After 1978, through the continuous expansion of the field of opening up to the outside world, the level of opening up to the outside world was promoted, and the rapid growth of foreign trade was promoted. In 2008, China’s total import and export value soared from 20.6 billion U.S. dollars in 1978 to 251.6 billion U.S. dollars, 123 times in 31 years, and 18.1% in 1978-2008. The average growth rate was 8.2 times higher than the 28 years before the reform and opening up. Percentage points.
Especially since joining the WTO in 2001, China has actively participated in the process of economic globalization, seized the historic opportunity of international industrial transfer, and successfully responded to various challenges. Foreign trade has won the best and fastest development period in history. In 2001, China’s total import and export value was US$509.7 billion. In 2004, it broke through the US$1 trillion mark for the first time. In 2007, it broke the US$2 trillion mark. In 2008, it reached US$256.1 billion, an increase of more than four times that of 2001. From 2002 to 2008, China's total import and export value increased at an average annual rate of 25.9%. The total value of imports and exports in the past seven years totaled US$10.5 trillion, accounting for more than 71% of China's total import and export value in 60 years.
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