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China’s Q1 foreign grade value gains 29.2% on year


China’s foreign trade value over January-March grew 29.2% on year to Yuan 8.47 trillion ($1.29 trillion) with exports up more substantially by 38.7% on year to Yuan 4.61 trillion and imports up 19.3% on year to Yuan 3.86 trillion, as global economy had been recovering steadily and the Chinese economy had picked up in growth too, the country’s General Administration of Customs (GACC) shared.
Most of the growths in the first quarter in total or in detailed breakdowns were less than substantial than those for the first two months of 2021, partly as China’s economic activities have gradually returned to the normal track since March 2020 after an over one-month hard battle against the COVID-19 outbreak, Mysteel Global


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