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The problem of CO2 embodied in international trade has attracted increasing attention in China. To analyze this issue, the present paper directly calculates emission factors for 15 industries in 2002, 2005 and2007. We then examine a consumption-based system and a single-region input-output model to estimate China＇s embodied emissions during 2000- 2009. Our results show that, when a consumption-based system is adopted, China＇s emissions are lower than those reported by some international organizations. The rapid growth in China ＇s exports＇ is a key determinant of China＇s rising total emissions. All countries shouM strengthen their cooperation in improving their current greenhouse gas inventories. Furthermore, China needs to encourage trade in low-carbon products and technology.