Financial news

China’s goods, services trade income totals 1.62t yuan in October

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Via China Daily


BEIJING — China’s international goods and services trade income amounted to 1.62 trillion yuan (about $228 billion) in October while its expenditures stood at 1.42 trillion yuan, official data showed Friday.

The country saw a surplus of 201.9 billion yuan in international goods and services trade last month, according to data from the State Administration of Foreign Exchange.

In breakdown, China’s goods trade income stood at 1.48 trillion yuan in October with an expenditure of 1.16 trillion yuan, leading to a 328.6-billion-yuan surplus, the SAFE data showed.

Meanwhile, services trade saw a 126.7-billion-yuan deficit, as services income and expenditure stood at 133.1 billion yuan and 259.8 billion yuan, respectively.

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