US exports to China top $100b first time in '11
Updated: 2012-03-29 09:43
(Xinhua)
|
|||||||||||
WASHINGTON -- The US-China Business Council (USCBC) announced Wednesday US exports to China reached $103.9 billion in 2011, the first time it had passed the 100-billion-dollar mark.
China remained America's third-largest export market. As a buyer of US goods, China ranks behind only Canada and Mexico, the two immediate neighbors with whom the United States has a regional free-trade agreement, the USCBC said in releasing its annual report on US State Exports to China.
California, Washington and Texas were the three largest states in terms of export volume to China last year, the report said.
"Exports to China are vital to America's economic health and create good jobs for American workers," USCBC Vice-President Erin Ennis said.
"Between 2000 and 2011, total US exports to China rose 542 percent, from $16.2 billion in 2000 to a record-breaking $103.9 billion in 2011. In addition, US exports to China recovered faster after the recession than exports to anywhere else in the world," Ennis said.
The USCBC is a private, nonpartisan, non-profit organization of roughly 240 American companies that do business with China.
Related Stories
Beijing welcomes US move on exports 2012-03-22 08:17
Hu: Co-op key to addressing Sino-US trade frictions 2012-03-26 20:39
China's trade deficit is sign of things to come 2012-03-15 17:25
China aims to increase exports, imports by 10% in '12 2012-03-05 09:43
China-US FTA talks suggested 2012-03-17 07:55
Advance Sino-US partnership 2012-03-09 08:01
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |