Author Name: Dion Suen
According to customs statistics, in the first 11 months of this year, China’s total import and export value of goods trade was 29.04 trillion yuan, an increase of 1.8% over the same period last year (the same below). Among them, exports were 16.13 trillion yuan, an increase of 3.7%; imports were 12.91 trillion yuan, a decrease of 0.5%; the trade surplus was 3.22 trillion yuan, an increase of 24.6%. In terms of U.S. dollars, China’s total import and export value was 4.17 trillion U.S. dollars in the first 11 months, an increase of 0.6%. Among them, exports were US$2.31 trillion, an increase of 2.5%; imports were US$1.86 trillion, a decrease of 1.6%; the trade surplus was US$459.92 billion, an increase of 23%.
In November, China’s foreign trade imports and exports were 3.09 trillion yuan, an increase of 7.8%. Among them, exports were 1.8 trillion yuan, an increase of 14.9%; imports were 1.29 trillion yuan, a decrease of 0.8%; the trade surplus was 507.1 billion yuan, an increase of 92.6%. In terms of US dollars, China’s foreign trade imports and exports in November amounted to US$460.72 billion, an increase of 13.6%. Among them, exports were US$268.07 billion, an increase of 21.1%; imports were US$192.65 billion, an increase of 4.5%; the trade surplus was US$75.42 billion, an increase of 102.9%.
General trade imports and exports increased and the proportion increased. In the first 11 months, China’s general trade import and export was 17.39 trillion yuan, an increase of 3.2%, accounting for 59.9% of China’s total foreign trade value, an increase of 0.8% over the same period last year. Among them, exports were 9.55 trillion yuan, an increase of 6.1%; imports were 7.84 trillion yuan, a decrease of 0.2%. In the same period, the import and export of processing trade was 6.89 trillion yuan, down 4.8%. Among them, exports were 4.38 trillion yuan, down 5.1%; imports were 2.51 trillion yuan, down 4.3%. In addition, China’s imports and exports through bonded logistics are 3.52 trillion yuan, an increase of 7%. Among them, exports were 1.23 trillion yuan, an increase of 11.8%; imports were 2.29 trillion yuan, an increase of 4.6%.
Source: http://ow.ly/zyVq50CGoDp
