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Economy

China's foreign trade up 3.4 pct in 2019

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2020-01-14 10:21:43Xinhua Editor : Li Yan ECNS App Download

China's foreign trade rose 3.4 percent in 2019 to 31.54 trillion yuan (about 4.6 trillion U.S. dollars), customs data showed Tuesday.

Exports grew 5 percent year on year to 17.23 trillion yuan last year while imports climbed 1.6 percent to 14.31 trillion yuan, resulting in a trade surplus of 2.92 trillion yuan, which expanded by 25.4 percent, the General Administration of Customs (GAC) said.

The foreign trade volume, import and export in 2019 all set new records, the GAC said.

In December alone, the country's foreign trade jumped 12.7 percent from the same period of 2018 to a monthly record of 3.01 trillion yuan, with export up 9 percent and import up 17.7 percent to the highest ever single-month figures.

Throughout the year, the country's foreign trade kept ascending by each quarter, according to the GAC.

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