Report says China still plays key role in US trade

China remains the top market for US exporters and represents huge potential for future opportunities for US businesses, according to a latest report from the US Department of Commerce.

The 19 Top Markets Reports, released on Wednesday, showed that China ranked highly among top US export markets in sectors from automotive parts, civil nuclear, building materials, construction equipment to education, financial technology, manufacturing technology and franchising.

Stefan Selig, US undersecretary of commerce for international trade, described the report as "helping American business not only compete but win in the global marketplace".