Abstract: Importing and exporting of high-tech products in Q2 of 2010, following the good trend in Q1, creates favorable conditions for rapid increase of import and export trade in the second half of the year. Importing and exporting of high-tech products by Q2 maintains at record high for consecutive three quarters with private enterprises stably increasing its dominance in the general importing and exporting trade. China’s trade surplus with the US and deficit with Japan increases by 40%.