NOTE: There will be no news and data updates over January 31-February 4 due to the Chinese New Year holiday.
UTC+8 ( BJT)

GACC: China '21 foreign trade up 21% YoY to $6.05 trillion

ABSTRACT

For the whole 2021, China's foreign trade value registered an on-year growth of 21.4% to total Yuan 39.1 trillion ($6.05 trillion), according to the latest release by the country's General Administration of Customs (GACC) on January 14. Among the total, exports value grew by 21.2% on year to Yuan 21.73 trillion, and that of imports rose by 21.5% on year to Yuan 17.37 trillion.
In terms of U.S. dollar, China's foreign trade value in 2021 exceeded the $6 trillion threshold for the first time, with the total jumping by 30% on year, among which exports surged by 29.9% on year and imports soared by 30.1% on year, according to the GACC data.   "(China's) exports and

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