In the first quarter of this year, China's total import and export value was 570.38 billion US dollars, up 24.6 percent over the same period last year; among which exports totaled 305.9 billion US dollars, up 21.4 percent and 6.4 percentage point lower than the same period last year. Imports amounted to 264.48 billion US dollars, up 28.6 percent and 9.4 percentage points higher than the same period last year. The trade surplus fell by 10.6 percent from the same period last year to 41.42 billion US dollars, as recently announced by China Customs.
General trade imports and exports grew rapidly in the first quarter of this year. Import growth increased dramatically. In the meantime, over the same period, the growth of processing trade exports dropped significantly. In the first quarter of import and export trade, the growth of foreign-invested enterprises stabilized, and state-owned enterprise imports showed robust growth.
By People's Daily Online
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