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China’s trade sees solid growth despite US tariffs

  • Author:Grace
  • Source:Original
  • Release on :2018-9-27

China’s goods trade went up 9.1 percent year-on-year to 19.43 trillion yuan in the first eight months of this year, the General Administration of Customs said.

General Administration of Customs

Exports rose 5.4 percent year-on-year in the January-August period to 10.34 trillion yuan, while imports grew 13.7 percent to 9.09 trillion yuan resulting in a trade surplus of 1.25 trillion yuan, a narrowing by 31.3 percent.

In August, exports rose by 7.9 percent, higher than the 6 percent rise in July. Imports jumped by 18.8 percent in yuan terms, slightly lower than the 20.9 percent growth seen in July.

Above, Welldone Company has complete the export volume of 40 million (RMB) in the first half year, Exports have increased and become more diverse.

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