China claims 11.1% of global trade
China's capital goods exports accounted for 30.2 percent of the total exports during the January-October period, up 1.1 percentage points from 2007, according to the statement.
China claimed 11.1 percent of global trade during the first three quarters of 2012, a jump from a meagre 0.6 percentage a year ago.
China's commerce ministry said During the first ten months of 2012, exports of high-energy-consuming products and products which cause pollution during production, such as non-ferrous metals and steel, fell 7.3 percent year on year to $89.2 billion.
Exports grew faster than those of other major economies during the first nine months despite global economic uncertainties, according to the ministry statement.
The export volume of energy-intensive and high-polluting products slid 5 percent from one year earlier to 96.03 million tonnes during the ten-month period.
Meanwhile, China's capital goods exports accounted for 30.2 percent of the total exports during the January-October period, up 1.1 percentage points from 2007, according to the statement.
The ministry also said general trade grew while the weighting of processing trade dropped. General trade amounted to 1.83 trillion U.S. dollars during the first 11 months, accounting for 52.1 percent of the country's total imports and exports.
The processing trade accounted for 34.9 percent of the total imports and exports, down from 45.4 percent one year earlier.
Though, China's total foreign trade was up in the first 11 months of the year, increasing by 5.8 percent to $3.5 trillion, although that rate of increase was far below the goal of 10 percent set at the beginning of the year.
From : Google
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