China imported 120 million tons of crude oil in the first 11 months of this year, an increase of 4.4 per cent year on year. The oil imports are expected to reach 130 million tons by the end of this year with evident rollback than the previous two years, according to the latest custom statistics, reported Xinhua News Agency on Monday in Beijing.

China imported 28.25 million tons of oil products in the first 11 months of this year, a decrease of 17.9 per cent year on year, according to People's Daily on Tuesday.

Custom statistics show that the country's imports of coal, iron ore and soybean were on the fast increase while the imports of auto and steel were on sustained narrow decrease in the first 11 months. From January to November, the country imported primary products worth 133.68 billion US dollars, a growth of 26.2 per cent. Of them, the imports of iron ore were 250 million tons or an increase of 32.7 per cent, coal imports 23.16 million tons or a growth of 40.5 per cent, and soybean imports 23.98 million tons or a growth of 33 per cent. The imports for November were 2.55 million tons, an increase of 34.2 per cent over October.

During the same period, the imports of industrial goods were worth 462.05 billion US dollars, a rise of 14.8 per cent, accounting for 77.6 per cent of the total imports for the same period. Among them, the imports of electromechanical products were valued at 313.94 billion USD or a growth of 14.6 per cent while the country imported 145,000 autos, a decline of 9 per cent.

By People's Daily Online