China's foreign trade in goods from Jan to May totals 17.5 trillion yuan, up 6.3% y-o-y
2024-06-08 09:42:51 source:Global Times
June 7, 2024
China's foreign trade in the first five months of 2024 recorded a yearly increase of 6.3 percent to 17.5 trillion ($2.42 trillion), further consolidating the strong momentum amid the country's steady economic recovery, data from China's General Administration of Customs (GAC) revealed on Friday.
Observers noted that the country's trade performance aligned with expectations, and attributed the trade's continuous rebound to China's production strengths, market potential, and diversified trading partners, while maintaining a positive outlook for the upcoming months.
Exports in the first five months of 2024 recorded an annual increase of 6.1 percent to 9.95 trillion yuan, while the imports amounted 7.55 trillion yuan, up 6.4 percent yearly, according to GAC data.
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