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Customs: Total Import and Export Trade 15.46 Trillion Yuan

From January to July in 2017, China’s foreign trade situation was steady and good. General Administration of Customs statistics showed that imports and exports in the first seven months 2017 total amounted is 15.46 trillion yuan, growth of 18.5% year-on-year, compared with the January-June growth has declined, but still at a high level. Of which exports 8.53 trillion yuan and increases 14.4%, imports 6.93 trillion yuan and increases 24.0%; surplus 1.60 trillion yuan, narrowing 14.5%.

Among them, China’s “The belt and Road-B&R’’ along the country’s export growth faster. From January to July in 2017, China’s exports to Russia, India, Malaysia, Indonesia and other countries increased by 28.6%, 24.2%, 20.9% and 13.9% respectively. In the first six months, China’s imports and exports to Pakistan, Poland and Kazakhstan also increased by 33.1%, 14.5%, 24.6% and 46.8% respectively….

B&R means”The Silk Road Economic Belt and “the 21st-Century Maritime Silk Road ” involving 65 countries and regions. 

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Post time: Aug-14-2017