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China’s foreign trade turnover in 2011 is to make $3,6 trillion

Chinese Minister of Commerce Chen Deming made public this forecast at an All-China meeting on issues of commerce

BEIJING, January 5 (Itar-Tass) —— According to the results of 2011, China’s foreign trade turnover is to make about 3.6 trillion dollars, exceeding by at least 20 percent the similar index of 2010. Chinese Minister of Commerce Chen Deming made public this forecast at an All-China meeting on issues of commerce on Thursday.

“The continuing reduction of the Chinese positive trade balance became one more tendency of the development of the Chinese economy in the past year,” the minister said. “We forecast that, according to the results of 2011, this index will make approximately 160 billion dollars.”