In terms of yuan, the country’s total goods imports and exports rose 4.9 per cent YoY in the 11-month period. The goods trade volume increased to 39.79 trillion yuan, or 5.6 trillion in US dollar terms in this period, as per data from GAC.
In October, China's total goods imports and exports had expanded by 4.6 per cent YoY in yuan terms compared to a 0.7-per cent YoY increase recorded in September, according to the GAC.
The total value of China’s imports and exports were $5.07 trillion—an increase of 3.7 per cent YoY in the first 10 months of this year. Exports value reached $2.93 trillion—a rise of 5.1 per cent YoY; imports totalled $2.14 trillion—an increase of 1.7 per cent YoY.
ALCHEMPro News Desk (SG)
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