April 2008
China
                         
BASIC INDICATORS
Population (thousands, 2006) 1 311 798 Rank in world trade, 2006 Exports Imports
GDP (million current US$, 2006) 2 668 071 Merchandise  3 3
GDP (million current PPP US$, 2006) 10 048 026 excluding intra-EU trade 3 3
Current account balance (million US$, 2006)  249 867 Commercial services 8 6
Trade per capita (US$, 2004-2006)  1 207 excluding intra-EU trade 4 4
Trade to GDP ratio (2004-2006)   69.0
Annual percentage change
2006   2000-2006 2005 2006
Real GDP (2000=100)   175 10 10 11
Exports of goods and services (volume, 2000=100)  a   287 23 24 ...
Imports of goods and services (volume, 2000=100)  a   240 19 11 ...
                         
TRADE POLICY Contribution to WTO budget (%, 2008) 5.338
WTO accession date 11 December 2001 Import duties collected (%, 2004-2005)
Trade Policy Review date 19, 21 April 2006 in total tax revenue 7.1
Tariffs and duty free imports to total imports 2.0
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2007 Outstanding notifications in WTO Central Registry   11
Simple average of import duties Goods RTAs - services EIAs notified to WTO 6 - 2
All goods   10.0   10.0 Anti-dumping (30 June 2007) 103
Agricultural goods (AOA)   15.8   15.8 Countervailing duties (30 June 2007) ...
Non-agricultural goods   9.1   9.1 Safeguards (24 October 2007)   0
Non ad-valorem duties (% total tariff lines)   0.0   0.4 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2006) Requests for consultation 2 - 10
in agricultural goods (AOA)   7.8 Original panel / Appellate Body (AB) reports 1 - 0
in non-agricultural goods   44.2 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   93 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2006   2000-2006 2005 2006
Merchandise exports, f.o.b. (million US$)  968 936 25 28 27
Merchandise imports, c.i.f. (million US$)  791 461 23 18 20
2006   2006
Share in world total exports    8.00 Share in world total imports  6.37
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   3.4 Agricultural products 6.5
Fuels and mining products   4.0 Fuels and mining products 20.0
Manufactures   92.4 Manufactures 73.2
  By main destination   By main origin
1. United States   21.0 1. Japan   14.6
2. European Union (27)   19.6 2. European Union (27)   11.5
3. Hong Kong, China   16.0 3. Korea, Republic of   11.3
4. Japan   9.5 4. Taipei, Chinese   11.0
5. Korea, Republic of   4.6 5. China   9.3
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2006   2000-2006   2005 2006
Commercial services exports (million US$)  91 421   20 19 24
Commercial services imports (million US$)  100 327   19 16 21
2006   2006
Share in world total exports   3.31   Share in world total imports 3.82
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   23.0   Transportation 34.3
Travel   37.1   Travel 24.2
Other commercial services   39.9   Other commercial services 41.5
                         
INDUSTRIAL PROPERTY    Total   Residents Non-residents PCT residents PCT non-residents
Patents granted, national office, 2005  53 305  20 574  16 390   131  16 210
Patents granted, regional office -  - - - -
  Total   Residents Non-residents Non-residents direct Non-residents Madrid
Trademarks registered, 2006  12 939 ...  12 939 ...  12 939
                         
a  Refers to 2005 values and to the average annual percentage change for 2000-2005.