China’s foreign trade up 7.9pc in first four months

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China’s total imports and exports expanded 7.9 percent year on year to 12.58 trillion yuan in the first four months of 2022, official data showed Monday.

In U.S. dollar terms, total foreign trade came in at 1.98 trillion U.S. dollars in the period, up 10.1 percent year on year, according to the General Administration of Customs.

Exports grew 10.3 percent year on year to 6.97 trillion yuan, while imports rose 5 percent to 5.61 trillion yuan in the January-April period, leading to a trade surplus of 1.36 trillion yuan, the data showed.

China’s trade with its top three trading partners — the Association of Southeast Asian Nations, the European Union and the United States — maintained growth momentum.— Xinhua

 

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