BUSINESS Goods, services trade surplus reaches $34.4b

BUSINESS

Goods, services trade surplus reaches $34.4b

Xinhua

11:40, August 04, 2020

Ships get ready for their voyages in the foreign trade container terminal of Qingdao port in Shandong province. (Photo by Yu Fangping/For China Daily)

China's international trade surplus in goods and services stood at 243.9 billion yuan ($34.4 billion) in June, official data showed.

Trade income amounted to 1.57 trillion yuan while expenditure stood at 1.33 trillion yuan, according to the State Administration of Foreign Exchange.

Goods trade income stood at 1.44 trillion yuan with an expenditure of 1.12 trillion yuan, leading to a 317.8-billion-yuan surplus, data showed.

Meanwhile, services trade saw a 73.9-billion-yuan deficit, as services income and expenditure stood at 131 billion yuan and 204.9 billion yuan.

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