China issues a white paper

The China's government issued 1^st white paper outlining the country's success in stimulating foreign trade and China's  positive contribution into the global trade. Country foreign trade has made a significant progress during the last years. Trade volume grew at the annualized rate of 16.8% from 1978 when the country opened barriers to foreign trade. The value of trade approached 2.97 trillion USD in 2010, according to the State Council Information Office.