BR America       中文       Deutsch       Français       日本語
Search      Subscribe
Home      Nation      World      Business      Opinion      Lifestyle       ChinAfrica       Multimedia       Columnists       Documents      Africa Travel
Latest Headlines
China's Exports Up 11.2 Pct, Imports Up 14.7 Pct in July

China's exports in yuan-denominated terms rose 11.2 percent year on year in July while imports increased 14.7 percent, customs data showed on August .

Monthly trade surplus stood at 321.2 billion yuan ($47.8 billion) in July, up 1.4 percent year on year, according to the GAC.

Total foreign trade reached 2.32 trillion yuan ($345.7 billion) last month, up 12.7 percent from a year earlier.

In the first seven months combined, exports increased 14.4 percent year on year while imports rose 24 percent, resulting in a 14.5-percent decline in trade surplus.

Foreign trade in the first seven months totaled 15.46 trillion yuan ($230.4 billion), up 18.5 percent year on year.

During this period, trade with the EU, China's biggest trade partner, climbed 17.1 percent from a year earlier to 2.33 trillion yuan ($347.2 billion).

Meanwhile, trade with the United States, ASEAN and Japan went up by 20.6 percent, 20.9 percent and 16.9 percent, respectively.

Exports of machinery, electronics and labor-intensive products continued to expand in the first seven months, while the volume of steel exports dropped 28.7 percent year on year to 47.95 million tons.

A leading indicator for China's exports increased from 41.5 to 41.9 month on month in July, signaling positive export potential.

(Xinhua News Agency August 8, 2017)

About Us    |    Contact Us    |    Advertise with Us    |    Subscribe
Partners:   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CGTN   |   China Tibet Online   |   China Radio International   |   Beijing Today   |   gb times   |   China   |   Eastday   |   CCN
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860号
Chinese Dictionary: