BUSINESS China's goods, services trade surplus tops 312 bln yuan in August

BUSINESS

China's goods, services trade surplus tops 312 bln yuan in August

Xinhua

08:49, September 30, 2020

People visit the special area for countries, provinces, regions and cities of the 2020 China International Fair for Trade in Services in Beijing, capital of China, Sept. 9, 2020. (Photo: Xinhua)

China's international trade surplus in goods and services last month stood at 312.1 billion yuan (about 45 billion U.S. dollars), official data showed on Tuesday.

The country's trade income amounted to over 1.69 trillion yuan, while expenditure was at 1.38 trillion yuan, according to data released by the State Administration of Foreign Exchange.

China's goods trade income came in at 1.57 trillion yuan with an expenditure of 1.16 trillion yuan, leading to a 405.6-billion-yuan surplus, the data showed.

The services trade saw a deficit of 93.4 billion yuan, as the sector's income and expenditure stood at 125.2 billion yuan and 218.6 billion yuan, respectively.

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