September 2014
China
                         
BASIC INDICATORS
Population (thousands, 2013) 1 357 380 Rank in world trade, 2013 Exports Imports
GDP (million current US$, 2013) 9 240 270 Merchandise  1 2
GDP (million current PPP US$, 2013) 16 157 704 excluding intra-EU trade 2 3
Current account balance (million US$, 2012)  190 000 Commercial services 5 2
Trade per capita (US$, 2011-2013)  3 175 excluding intra-EU trade 3 3
Trade to GDP ratio (2011-2013)   51.9
Annual percentage change
2013   2005-2013 2012 2013
Real GDP (2005=100)   216 10 8 8
Exports of goods and services (volume, 2005=100)   230 11 5 9
Imports of goods and services (volume, 2005=100)   222 10 6 11
                         
TRADE POLICY
WTO accession 11 December 2001 Contribution to WTO budget (%, 2014) 8.144
Trade Policy Review 1, 3 July 2014 Import duties collected (%, 2009-2011)
GPA accession  Observer in total tax revenue 2.6
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 2013 Outstanding notifications in WTO Central Registry   16
Simple average of import duties Goods RTAs - services EIAs notified to WTO 11 - 10
All goods   10.0   9.9 Anti-dumping (30 June 2013) 112
Agricultural goods (AOA)   15.8   15.6 Countervailing duties (30 June 2013) 4
Non-agricultural goods   9.1   9.0 Safeguards   1
Non ad-valorem duties (% total tariff lines)   0.0   0.3 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2012) Requests for consultation 12 - 31
in agricultural goods (AOA)   1.1 Original panel / Appellate Body (AB) reports 8 - 16
in non-agricultural goods   49.3 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
2013   2005-2013 2012 2013
Merchandise exports, f.o.b. (million US$) 2 209 007 14 8 8
Merchandise imports, c.i.f. (million US$) 1 949 992 15 4 7
2013   2013
Share in world total exports    11.74 Share in world total imports  10.32
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 8.5
Fuels and mining products   2.7 Fuels and mining products 27.9
Manufactures   94.0 Manufactures 58.2
  By main destination   By main origin
1. Hong Kong, China   17.4 1. European Union (28)   11.3
2. United States   16.7 2. Korea, Republic of   9.4
3. European Union (28)   15.4 3. Japan   8.3
4. Japan   6.8 4. China   8.1
5. Korea, Republic of   4.1 5. Chinese Taipei   8.0
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2013   2005-2013   2012 2013
Commercial services exports (million US$)  204 718   14 8 7
Commercial services imports (million US$)  329 424   19 18 18
2013   2013
Share in world total exports   4.41   Share in world total imports 7.52
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   18.4   Transportation 28.6
Travel   25.2   Travel 39.1
Other commercial services   56.4   Other commercial services 32.3
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2012 Trademark registrations by office, 2012
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
 143 808  73 297  217 105  919 951  58 656  16 517  995 124