GACC: China's foreign trade value jumps 18% YoY over Jan-Aug

China's total foreign trade value totaled Yuan 34.78 trillion ($5.18 trillion) during the first eight months this year, higher by 17.6% on year, according to the latest data released by the country's General Administration of Customs (GACC) on September 8.

Within the total, exports witnessed a 14.6% on-year increase to Yuan 20.17 trillion in the first eight months, and imports saw an even sharper rise of 22% to Yuan 14.61 trillion over the same period, the statement noted. In August, with the total value of exports and imports soared