Share
Copied
Containers at the Qingdao Port in east China's Shandong Province, March 7, 2023. /CFP
China's exports of goods increased 0.9 percent year on year to 3.5 trillion yuan ($506.1 billion) during the first two months of 2023, data from the country's customs authority showed on Tuesday.
The country's total foreign trade volume edged down 0.8 percent to 6.18 trillion yuan in the January-to-February period, according to the General Administration of Customs.
In dollar terms, foreign trade dropped 8.3 percent year on year during the period to $895.7 billion. Exports were down 6.8 percent to $506 billion and imports fell by 10.2 percent to $389.4 billion.
The Association of Southeast Asian Nations remained China's largest trading partner in the time frame, with total trade rising 9.6 percent to 951.9 billion yuan, while trade with the European Union, the United States, and Japan declined.
Foreign trade of private enterprises increased by 5.3 percent in the same period to 3.16 trillion yuan as separate data showed business confidence strengthened this year.
A private Caixin survey in February showed that companies widely anticipate output to increase in the coming months amid expectations of a sustained recovery in customer demand.
China has set a gross domestic product growth target of around 5 percent for 2023 while international investors forecast a strong rebound for the Chinese economy this year.
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466