According to a Ministry of Commerce report, as a result of optimising economic structure, improving efficiency and lowering energy consumption, China’s trade in goods will surpass $2.1 trillion in 2007, a 20% increase year-on-year.

Trade volume in the first quarter of 2007 reached $457.7 billion, up 23.2%, whilst the trade surplus nearly doubled to $46.4 billion from the comparable period in the prior year. Trade in goods increased by 27.4% in the period January to April.