February 26, 2002
'16'
TRADE PERFORMANCE OF INDIA AND CHINA
China is maintaining the economic data on calendar year basis whereas India is maintaining data on financial year basis. Some of the vital areas of Chinese and Indian data are as under:
Chinese data
Real GDP in 2001 US $ 1.16 trillion
Foreign trade 2001 US $ 509.77 billion
Exports during 2001 US $ 266.16 billion
Imports during 2001 US $ 243.61 billion
Foreign Exchange Reserves US $ 212 billion by January 2002
Indian data
GDP likely to attain level of Rs.20,80,255 crore during 2001-02
Foreign Trade April-Dec. 2001-02 US $ 70.934 billion
Exports April-Dec. 2001-02 US $ 32.571 billion
Imports April-Dec. 2001-02 US $ 38.362 billion
Foreign Exchange Reserves at the end of Dec. 2001 US $ 45.25 billion
It has been the constant endeavour of the government to achieve higher levels of economic progress in the shortest possible time, by pursuing sustainable policies across various fronts, including promotion of exports.
This information was given by Shri Rajiv Pratap Rudy, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha today.