China’s exports, imports exceeded 20 tn yuan in H1 for first time, exports rose 3.7% – customs administration
DATA MACRO
China’s exports, imports exceeded 20 tn yuan in H1 for first time, exports rose 3.7% – customs administration
DATA MACRO

China’s exports, imports exceeded 20 tn yuan in H1 for first time, exports rose 3.7% – customs administration

 

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China’s total exports and imports reached 20.1 trillion yuan in the first half of the year, exceeding 20 trillion yuan mark for the first time on record and rising by 2.1% from a year earlier, according to the China’s General Administration of Customs. 

In breakdown, China’s exports rose 3.7% to 11.46 trillion yuan, while imports fell 0.1% to 8.64 trillion yuan.

Private companies’ exports and imports grew by 8.9% year over year, accounting for 52.7% of the total, it said.

The total exports of electric passenger vehicles, lithium batteries and solar battery surged by 61.6%, driving the country’s total export growth by 1.8 percentage points, it said.