China's exports increased by 6.1 per cent year on year from January to May 2024, while imports saw a rise of 6.4 per cent, according to data from the General Administration of Customs.Overall, the country's total goods imports and exports grew by 6.3 per cent in yuan terms during this period. The total foreign trade in goods amounted to 17.5 trillion yuan (approximately $2.46 trillion), with exports contributing 9.95 trillion yuan and imports reaching 7.55 trillion yuan.
China's exports rose by 6.1 per cent and imports by 6.4 per cent year-on-year from January to May 2024, according to the General Administration of Customs. Total goods imports and exports grew by 6.3 per cent, reaching 17.5 trillion yuan (approximately $2.46 trillion). In May 2024, foreign trade increased by 8.6 per cent to 3.71 trillion yuan.
The foreign trade saw an 8.6 per cent increase in May, reaching 3.71 trillion yuan, as per Chinese media reports.
Fibre2Fashion News Desk (DP)
