China news agency Washington, April 25 (xinhua Wu Qingcai) released by the u.s.-china business council 25, according to the annual report 2012 reach nearly $109 billion in U.S. exports to China, China is America's third largest export market. The council says even the small state and some don't usually is expected to benefit from trade with China state of China's export growth is significant.
According to the report, weakening demand in Europe, slowing growth in China, us exports to China is still a big "bright spot", in 2012 exports to China grew by 6.5%, an increase of $6.6 billion. China now is still the third largest export market, second only to have free trade agreements with the United States two neighbors Canada and Mexico.
Report shows that the growth of us exports to China in 2012, mainly by agriculture, transportation, electronics, chemical industry, machinery, and many other industries to promote export growth, one of the 50 states have 30 states exports to China more than $1 billion.
Reported that many departments across the country and state are benefit from exports to China. From 2003 to 2003, total U.S. exports to China rose by nearly $81 billion, increased 294%, per year on average increased by 15.6%, second only to America's export growth to Brazil.
Since 2003, the report found that there are 42 all 50 states exports to China have triple-digit growth, have another 4 states (Alabama, Iowa, south Carolina, and vermont) is obtained four digit growth over the same period.
, the report notes that in 2012, exports to China's highest 15 states across the country including some don't usually is expected to benefit from trade with China, such as Michigan, Ohio, Pennsylvania and states such as north Carolina.
"Even if some of the smaller states exports to China also appeared a significant growth, such as vermont, Connecticut, Hawaii and Delaware since 2003, exports to China increased 400% appeared." The report said.
Us-china business council President John frisbie said the us-china economic and trade relations is conducive to speed up the U.S. economic recovery and create good-paying jobs, as China's economy developing and middle class, China will continue to become an important market, the commodity exports to China are a lot of enterprises operating performance "bright spot" in the United States.
The u.s.-china business council is a nonprofit organizations, nongovernmental chamber of commerce on behalf of more than 220 American interests of member companies doing business in China, which includes both Coca-Cola and other international well-known large companies, including many small businesses and services companies in the United States. It is corporate America for business contact with China the main organization