In the “Report on Chinese Foreign Trade Situation (in Autumn of 2005)”, the Financial Program Department of Commercial Affairs Bureau and International Trade and Economy Cooperation Research Institute expound that, the Chinese foreign trade this years the momentum to grow rapidly. It is estimated that the total import & export value in foreign trade for the whole year will exceed USD $ 400 billion, with a growth more than 20%. And the trade surplus is expected to be USD $ 90 billion, which creates a new high.

According to relative official working at Financial Program Department of Commercial Affairs Bureau, for the first three quarters, the total import & export value reaches more than one hundred million US dollars in advance of two months, and the monthly import & export scale has retained more than a hundred billion US dollars for 7 successive months. Meanwhile, the increase of import is 22.1% lower than that of the corresponding period of last year and 15.3% lower than export. Under the influence of the rapidly upward export and large downward import, the trade surplus amounts to USD $ 68.34 billion, creating a new historic record.

With the good situations of domestic & abroad economic development and the development trend of foreign trade, the total import & export value of the whole year is expected to be over USD $ 1400 billion, with a growth of 20% approximately.