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Economy

China's foreign trade rose 2.8% in first three quarters of 2019

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2019-10-14 11:12:47CGTN Editor : Gu Liping ECNS App Download

China's foreign trade maintained stable growth in the first three quarters of 2019 with the total trade volume of 22.91 trillion yuan, expanding 2.8 percent year-on-year, the General Administration of Customs said on Monday.

Exports rose by 5.2 percent to 12.48 trillion yuan and imports dropped by 0.1 percent to 10.43 trillion yuan. The trade surplus expanded by 44.2 percent to 2.05 trillion yuan.

China's trade with the European Union and the Association of Southeast Asian Nations (ASEAN) reached 3.57 trillion and 3.14 trillion yuan respectively, registering an increase of 8.6 percent and 11.5 percent respectively. Trade with the U.S. dropped 10.3 percent to 2.75 trillion yuan.

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