BUSINESS China's trade volume surpasses 2017 total

BUSINESS

China's trade volume surpasses 2017 total

Xinhua

14:36, December 01, 2018

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(File photo: CGTN)

BEIJING, Dec. 1 (Xinhua) -- China's total imports and exports between January and the middle of November this year surpassed the whole trade volume of 2017, customs data showed Saturday.

The General Administration of Customs (GAC) did not release detailed figures but said the volume was nearly 15 percent higher than the same period of 2017.

The country's total foreign trade amounted to 27.79 trillion yuan (about 4 trillion U.S. dollars) in 2017, a rise of 14.2 percent from 2016.

Its exports and imports both recorded unexpectedly strong growth in October despite growing external uncertainties. Foreign trade totaled 25.05 trillion yuan for the first 10 months of the year, up 11.3 percent from the same period last year.

The GAC is scheduled to release the January-November trade data on Dec. 8.


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