BUSINESS China goods, services trade surplus tops 420 bln yuan


China goods, services trade surplus tops 420 bln yuan


15:20, July 04, 2020

BEIJING, July 4 (Xinhua) -- China's international goods and services trade surplus stood at 424 billion yuan (about 60 billion U.S. dollars) in May, official data showed.


File photo

Trade income amounted to 1.59 trillion yuan while expenditure stood at 1.17 trillion yuan, according to data from the State Administration of Foreign Exchange.

In breakdown, China's goods trade income stood at 1.46 trillion yuan with an expenditure of 965 billion yuan, leading to a 494.2-billion-yuan surplus, the data showed.

Meanwhile, services trade saw a 70.2-billion-yuan deficit, as services income and expenditure stood at 130.2 billion yuan and 200.4 billion yuan, respectively. 

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue