China’s foreign trade grows 28.2% in first five months



Global Times

China’s foreign trade grew 28.2% year-on-year to 14.76 trillion yuan ($2.3 trillion) in the first five months in 2021, with the monthly trade volume posting growth momentum over the last year, customs data showed on Monday.

According to statistics from the General Administration of China (GAC), the country’s exports grew 30.1 percent year-on-year to 8.04 trillion yuan between January and May, while imports were up 25.9 percent to 6.72 trillion yuan over the same period. The trade surplus expanded 56.2 percent year-on-year to 1.32 trillion yuan.

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