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Wholesale of fuels and other mineral oil products

The People’s Republic of China is the world’s second largest economy both in nominal and PPP terms after the United States. It is the world’s fastest-growing major economy, with average growth rates of 10% for the past 30 years.

China is also the largest exporter and second largest importer of goods in the world. Its top six trade partners (US, Japan, Hong Kong, South Korea, Taiwan, Germany) form over 50% of China’s total international trade.

The country’s per capita GDP (PPP) is $7,518 (IMF, 93rd in the world) in 2010. The provinces in the coastal regions of China tend to be more industrialized, while regions in the hinterland are less developed

Shanghaiviewpic1.jpg
Pudong in Shanghai
Rank 2nd (nominal) / 2nd (PPP)
Currency Renminbi (RMB); Unit: Yuan (CNY)
Fixed exchange rates USD = 6.77875 RMB
(2010 average)
Fiscal year Calendar year 01 January to 31 December
Trade organizations WTO, APEC, G-20 and others
Statistics
GDP

$4.99 trillion (nominal: 3rd; 2009)

$9.05 trillion (PPP: 2nd; 2009)
GDP growth 9.1% (major economies: 1st; 2009)
GDP per capita

$3,735 (nominal: 97th; 2009)

$6,778 (PPP: 98th; 2009)
GDP by sector industry (46.8%), services (42.6%), agriculture (10.6%) (2009)
Inflation (CPI) 5.1% (November 2010)
Gini index 46.9 (List of countries)
Labour force 813.5 million (1st; 2009)
Labour force
by occupation
agriculture (39.5%), industry (27.2%), services (33.2%) (2008)
Unemployment 4.2% (July 2010)
Main industries mining and ore processing, iron, steel, aluminium, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites
Ease of Doing Business Rank 79th
External
Exports $1.2 trillion (1st; 2009)
Export goods electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment
Main export partners US 20.0%, Hong Kong 12.0%, Japan 8.3%, South Korea 4.6%, Germany 4.3% (2009)
Imports $1.01 trillion (2nd; 2009)
Import goods electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals
Main import partners Japan 12.3%,Hong Kong 10.1%, South Korea 9.0%, US 7.7%, Taiwan 6.8%, Germany 5.6% (2009)
FDI stock $100 billion (2010)
Gross external debt $347.1 billion (22nd; 2009)
Public finances
Public debt 18.2% of GDP (107th; 2009)
Revenues $1.002 trillion (2009)
Expenses $1.111 trillion; (2009)
Economic aid recipient: $1.12 per capita (2008)
Credit rating $5.555 trillion (4th; 2008)
Foreign reserves $2,648,303 (1st; Sep 2010)
All values, unless otherwise stated, are in US dollars

 


From Wikipedia, the free encyclopedia : Wholesale of fuels and other mineral oil products
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