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China’s foreign trade up 4.2% in first seven months

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Via China Daily

Containers carrying goods for export are seen in Qingdao Port, East China’s Shandong province, on Oct 19, 2018. [Photo/VCG]

BEIJING – China’s foreign trade of goods rose 4.2 percent year-on-year in the first seven months of this year to 17.41 trillion yuan ($2.49 trillion), customs data showed Thursday.

Exports increased 6.7 percent year-on-year to 9.48 trillion yuan during the period, while imports grew 1.3 percent to 7.93 trillion yuan, the General Administration of Customs said.

China saw its trade surplus widen by 47.4 percent year-on-year to 1.55 trillion yuan during the same period.

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