BEIJING, Aug. 7 (Xinhua) -- China's foreign trade hit a new high in the first seven months of this year, injecting impetus to the country's economic growth, official data showed Wednesday.
The goods trade volume expanded 6.2 percent year on year in yuan terms in the first seven months. Exports rose 6.7 percent year on year, while imports climbed 5.4 percent, according to the General Administration of Customs (GAC).
"China's economy has been running steadily since the beginning of this year, and the foreign trade has maintained a stable and positive momentum," said Lyu Daliang, director of the GAC's Department of Statistics and Analysis.
"The year-on-year growth of China's foreign trade maintained above 5 percent for the fourth consecutive month in July," Lyu added.
In U.S. dollar terms, the country's foreign trade in goods stood at 3.5 trillion dollars from January to July. Exports reached 2.01 trillion dollars, while imports hit 1.49 trillion dollars.
Trade surplus expanded by 7.9 percent year on year to 518 billion dollars during the seven-month period.
ASEAN remained China's largest trading partner, with bilateral trade volume reaching 3.92 trillion yuan in the first seven months, up 10.5 percent from a year ago, accounting for 15.8 percent of the country's total foreign trade. It was followed by the European Union with trade volume standing at 3.22 trillion yuan, the United States at 2.72 trillion yuan, and the Republic of Korea at 1.32 trillion yuan.
China's goods trade with countries participating in the Belt and Road Initiative surged by 7.1 percent to 11.72 trillion yuan in the first seven months.
Mechanical and electrical products continued to dominate China's exports during the period, accounting for nearly 60 percent of the total.
Specifically, exports of automatic data processing equipment and components rose 11.6 percent year on year in the first seven months, integrated circuits increased by 25.8 percent and automobiles by 20.7 percent.
China aims to raise the volume and quality of foreign trade, boost imports of high-quality goods, and help foreign trade enterprises lower costs and boost efficiency, according to this year's government work report.
刚被罚款3.55亿美元后 特朗普“带货”球鞋 中新网2月19日电 据美联社消息，当地时间17日，美国前总统特朗普在一场商业活动中带货了一双“特朗普”牌的金色球鞋，引发热议。 据报道，特朗普当天在费城会议中心举行 直播电商人才：是“野蛮生长”还是“学院派”培养 在2024年寒假来临之前，北京电子科技职业学院电子商务(京东定向培养)专业的学生，迎来了一次直播实操培训课。 整个教学安排持续了近两周。前4天，由合作企业的老 中国春节跨境游回暖：免签效应强，入境消费火 中新社北京2月18日电 (记者 夏宾)“双向奔赴”的跨境旅游在中国春节假期回暖。 随着中国对多个国家单方面免签证，与新加坡、马来西亚互免签证，推出一系列入境游便利 作者：王成（广西师范大学副教授、广西高校人文社科重点研究基地广西师范大学马克思主义理论与区域实践研究中心研究员）日前，习近平总书记在主持中共中央政治局第十一次集体学习时指出：“发展新质生 西安青岛居民3月6日起可办理往来港澳“个人旅游签注” 中新网2月23日电 据中华人民共和国出入境管理局网站消息，近日，国务院批准增加陕西省西安市、山东省青岛市为内地赴港澳“个人游”城市。中华人民共和国出入 贵州毕节：蓄势赋能谋发展 高质量推进新型工业化 中新网贵州毕节2月22日电 题：贵州毕节：蓄势赋能谋发展 高质量推进新型工业化 作者 高大涛 陈曦 中国龙年春节假期，贵州省毕节市黔西市新仁乡化屋村游人如织。 。本文链接：China's foreign trade hits new high in first 7 monthshttp://www.sushuapos.com/show-5-24148-0.html
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