FTZ trade data remain flat in Q1

Foreign trade volume in the China (Shanghai) Pilot Free Trade Zone totaled 185.15 billion yuan ($30.41 billion) in the first quarter this year, data from local Customs showed on Tuesday.

The amount was up 2.1 percent from last quarter, with export volume down 5.2 percent to 45.65 billion yuan and imports up 4.7 percent to 139.5 billion yuan. It was 6.5 percent more than the same period last year

Nationwide, foreign trade volume dropped 3.7 percent year-on-year in the first three months.

Since the FTZ was launched in October, more than 366.57 billion yuan in import-export volume has been recorded.