CUSTOMS: China’s Jan-Oct foreign trade value up 1.1%
Nov 09, 2020 08:30
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China’s foreign trade value grew faster at 1.1% on year over January-October against the 0.7% growth for the first nine months, and both exports and imports showed the continuing improvement, with the former having increased faster by 2.4% on year and the latter narrowed the on-year decrease to 0.5% on year, the latest data from the country’s General Administration of Customs showed.
In the first ten months, China’s trade value totalled Yuan 26
trillion ($3.93 trillion), realizing on-year gains with all its top five trade
partners ranging 1.4-7% on year, according to the latest Customs data released
on November 7.
Among the top five, Sino-ASEAN trade value accounted for
Yuan 3.8 trillion or 14.6%, up 7% on