Statistical Communique on China's 2014 National Economic and Social Development

(National Bureau of Statistics of China) Updated: 2015-02-26 14:04

VI. Foreign Economic Relations[17]

The total value of imports and exports of goods in 2014 reached 26,433.4 billion yuan, up by 2.3 percent over the previous year. Of this total, the value of goods exported was 14,391.2 billion yuan, increased by 4.9 percent, and the value of goods imported was 12,042.3 billion yuan, down by 0.6 percent. The balance of imports and exports (exports minus imports) was 2,348.9 billion yuan, an increase of 739.5 billion yuan over the previous year.

Statistical Communique on China's 2014 National Economic and Social Development

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Table 7: Total Value of Import and Export of Goods and the Growth Rates
in 2014
Item	Value (100 million yuan)	Increase over 2013 (%)
Total import and export of goods	264334	2.3
Exports	143912	4.9
Of which: General trade	73944	9.6
Processing trade	54320	1.8
Of which: Mechanical and electronic products	80527	2.6
High & new technology products	40570	-1.0
Imports	120423	-0.6
Of which: General trade	68162	-1.0
Processing trade	32211	4.5
Of which: Mechanical and electronic products	52509	0.7
High & new technology products	33876	-2.2
Trade surplus (exports minus imports)	23489	—

Table 8: Main Export Commodities in Volume and Value and the Growth Rates in 2014
Item	Unit	Volume	Increase over 2013 (%)	Value (100 million USD)	Increase over 2013 (%)
Coal (including lignite)	10000 tons	574	-23.5	43	-35.5
Rolled steel	10000 tons	9378	50.5	4350	31.6
Textile yarns and textile articles	----	—	—	6888	3.8
Clothes and clothing accessories	----	—	—	11445	4.2
Footwear	----	—	—	3455	9.7
Furniture and parts	----	—	—	3195	-0.7
Automatic data processing machines and components	10000 sets	191836	2.6	11159	-1.3
Handheld mobiles and car telephones	10000 sets	131199	10.6	7085	20.2
Containers	10000 units	302	12.1	553	13.0
Liquid crystal display panels	10000 units	245080	-25.0	1952	-12.4
Motor vehicles	10000 sets	90	-2.8	770	3.5

Table 9: Main Import Commodities in Volume and Value and the Growth Rates in 2014
Item	Volume (10000 tons)	Increase over 2013 (%)	Value (100 million yuan)	Increase over 2013 (%)
Cereals and cereal flour	1951	33.8	382	20.7
Soybean	7140	12.7	2474	5.0
Edible vegetable oil	650	-19.7	364	-27.3
Iron ore and concentrate	93251	13.8	5748	-12.8
Aluminum oxide	528	37.7	118	35.5
Coal (including lignite)	29122	-10.9	1366	-24.4
Crude oil	30838	9.5	14017	2.8
Petroleum products refined	3000	-24.2	1439	-27.7
Plastics in primary forms	2535	3.0	3167	4.0
Paper pulp	1796	6.6	741	4.9
Rolled steel	1443	2.5	1101	4.0
Copper and copper alloys	483	7.4	2188	0.8

Table 10: Imports and Exports by Major Countries and Regions and the Growth Rates in 2014
Country or region	Exports (100 million yuan)	Increase over 2013 (%)	Imports (100 million yuan)	Increase over 2013 (%)
European Union	22787	8.3	15031	9.7
United States	24328	6.4	9764	3.1
ASEAN	16712	10.3	12794	3.3
Hong Kong, China	22307	-6.6	792	-21.5
Japan	9187	-1.4	10027	-0.5
Republic of Korea	6162	8.9	11677	2.8
Taiwan, China	2843	12.7	9337	-3.9
Russia	3297	7.2	2555	3.7
India	3331	10.7	1005	-4.6

The total value of imports and exports of services[18] in 2014 was 604.3 billion US dollars, up by 12.6 percent. The export value of services was 222.2 billion US dollars, up by 7.6 percent. The import value of services was 382.1 billion US dollars, up by 15.8 percent. The deficit of exports minus imports of services was 159.9 billion US dollars.

The year 2014 witnessed the establishment of 23,778 enterprises with foreign direct investment in non-financial sectors, up by 4.4 percent over the previous year; and the foreign capital actually utilized was 736.4 billion US dollars, or 119.6 billion US dollars, up by 1.7 percent.

Table 11: Total Value of Foreign Direct Investment in Non-financial Sectors and the Growth Rates in 2014
Sector	Enterprises	Increase over 2013 (%)	Actually Utilized Value ($100 m)	Increase over 2013 (%)
Total	23778	4.4	1195.6	1.7
Of which: Agriculture, Forestry, Animal Husbandry and Fishing	719	-5.0	15.2	-15.4
Manufacturing	5178	-20.4	399.4	-12.3
Production and Supply of Electricity, Gas and Water	208	4.0	22.0	-9.3
Transport, Storage, Post and Telecommunication Services	376	-6.2	44.6	5.7
Information Transmission, Computer Services and Software	981	23.2	27.6	-4.4
Wholesales & Retail Trade	7978	8.6	94.6	-17.8
Real Estate	446	-15.9	346.3	20.2
Leasing and Business Services	3963	18.0	124.9	20.5
Services to Households and Other Services	181	9.0	7.2	9.3