September 2015
China
                         
BASIC INDICATORS
Population (thousands, 2014) 1 364 270 Rank in world trade, 2014 Exports Imports
GDP (million current US$, 2014) 10 360 105 Merchandise  1 2
GDP (million current PPP US$, 2014) 18 030 932 excluding intra-EU trade 1 3
Current account balance (million US$, 2012)  215 390 Commercial services 5 2
Trade per capita (US$, 2012-2014)  3 262 excluding intra-EU trade 3 3
Trade to GDP ratio (2012-2014)   46.9
Annual percentage change
2014   2010-2014 2013 2014
Real GDP (2010=100)   136 8 8 7
Exports of goods and services (volume, 2010=100)  a   128 9 9 ...
Imports of goods and services (volume, 2010=100)  a   134 10 11 ...
                         
TRADE POLICY
WTO accession 11 December 2001 Contribution to WTO budget (%, 2015) 8.619
Trade Policy Review 1, 3 July 2014 Import duties collected (%, 2010-2012)
GPA accession  Observer in total tax revenue 2.7
Tariffs and duty free imports to total imports 2.2
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2014 Outstanding notifications in WTO Central Registry   16
Simple average of import duties Goods RTAs - services EIAs notified to WTO 12 - 11
All goods   10.0   9.6 Anti-dumping (30 June 2015) 112
Agricultural goods (AOA)   15.7   15.2 Countervailing duties (30 June 2015) 5
Non-agricultural goods   9.2   8.6 Safeguards   1
Non ad-valorem duties (% total tariff lines)   0.0   0.4 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2013) Requests for consultation 13 - 33
in agricultural goods (AOA)   0.9 Original panel / Appellate Body (AB) reports 9 - 16
in non-agricultural goods   50.4 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
2014   2010-2014 2013 2014
Merchandise exports, f.o.b. (million US$) 2 342 306 10 8 6
Merchandise imports, c.i.f. (million US$) 1 959 356 9 7 0
2014   2014
Share in world total exports    12.33 Share in world total imports  10.26
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   3.2 Agricultural products 8.7
Fuels and mining products   2.7 Fuels and mining products 26.9
Manufactures   94.0 Manufactures 60.1
  By main destination   By main origin
1. United States   17.0 1. European Union (28)   12.4
2. European Union (28)   15.9 2. Korea, Republic of   9.7
3. Hong Kong, China   15.5 3. Japan   8.3
4. Japan   6.4 4. United States   8.2
5. Korea, Republic of   4.3 5. Chinese Taipei   7.8
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2014   2010-2014   2013 2014
Commercial services exports (million US$)  232 456   8 -4 12
Commercial services imports (million US$)  381 582   19 18 15
2014   2014
Share in world total exports   4.71   Share in world total imports 7.98
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Goods-related services   9.9 Goods-related services 0.2
Transportation   16.5 Transportation 25.2
Travel   24.5 Travel 43.2
Other commercial services   49.2 Other commercial services 31.4
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2013 Trademark registrations by office, 2013
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
 143 535  64 153  207 688  909 541  59 496  17 424  986 461
                         
a  Refers to 2013 and to the average annual percentage change for 2010-2013.