China's foreign trade up 6.5% in July

Economy

China saw its foreign trade rise 6.5 percent year on year in July, with exports and imports up 10.4 percent and 1.6 percent respectively, official data showed Friday.

XinhuaUpdated: August 7, 2020

China saw its foreign trade rise 6.5 percent year on year in July, with exports and imports up 10.4 percent and 1.6 percent respectively, official data showed Friday.

Foreign trade stood at 2.93 trillion yuan (about 422.14 billion U.S. dollars) last month, resulting in a trade surplus of 442.23 billion yuan, the General Administration of Customs said.

In the first seven months of this year, foreign trade of goods went down 1.7 percent year on year to 17.16 trillion yuan, narrowing by 1.5 percentage points compared with the decrease for the first half.