China's foreign trade up 5% in Q1, sets new records
2024-04-13 11:29:58 source:CGTN
April 12, 2024
China's total import and export of goods expanded 5 percent year on year in yuan terms in the first quarter of 2024, setting new records in both scale and growth rate, official data showed Friday.
From January to March, the country's foreign trade in goods stood at 10.17 trillion yuan (about $1.43 trillion), according to the General Administration of Customs (GAC).
Exports from the world's second-biggest economy were 4.9 percent higher year on year, reaching 5.74 trillion yuan; while imports rose 5 percent to 4.43 trillion yuan, data showed.
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