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.
春节初一至初七逾130万人次访港 内地游客占近九成 中新网2月18日电 据香港《文汇报》报道,据香港特区政府入境处统计,今年年初一至年初七(2月10日至16日)共录得逾130万人次旅客访港,接近2019年春节的水平(140万人 多地景区人气旺 世界同享中国年 龙年旅游消费迎来火爆开局 本报记者 潘福达 多家景区门票售罄约满、多地酒店“一房难求”、出入境旅游均增长明显……春节假期旅游消费火爆,成为拉动居民消费的主力军。根 2月21日,司法部、国家发展改革委、全国人大常委会法工委共同组织召开民营经济促进法立法座谈会,听取民营企业代表和专家学者对立法的意见建议。会议强调,要坚持以习近平新时代中国特色社会主义思想为 2月21日,湖北省仙桃市委书记孙道军,市委副书记、代市长熊享涛,会见湖北鼎龙控股股份有限公司董事长朱双全、深圳深创生物医药有限公司董事长马亚平一行,就具体项目开展洽谈。政企双方表示,要务实合作、携 我跨境电商占韩海外直购市场近半份额 作者 杨明 凭借“高性价比”和“低物流费”等优势,中国跨境电商企业已占据韩国海外直购市场的近一半份额,本地化服务的提升也是中国企业在韩国快速扩张的重要原因。过去 中新经纬2月22日电 证监会辽宁监管局网站22日消息,经查,辽宁中鑫华资产评估事务所(有限合伙)从事证券服务业务,未按规定向中国证券监督管理委员会备案。 辽宁证监局认为,以上行为违反了《证券服务机构从事证券服务 。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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