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GACC: China Jan-Jul foreign trade value surges 24.5%


Over January-July, China's foreign trade value jumped by 24.5% on year to Yuan 21.34 trillion ($3.3 trillion), according to the release by the country's General Administration of Customs (GACC) on August 7. Within the total, the value of the country’s exports gained 24.5% on year to Yuan 11.66 trillion, and that of imports rose 24.4% on year to Yuan 9.68 trillion.
The growth in the overall total, in exports and in imports during the seven months was also up 22.3%, 23% and 21.4% respectively from the corresponding period of 2019, according to the GACC data, indicating that China’s foreign trade sector had been steadily recovering from the adverse impact of the


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