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China's trade surplus tops 392.9 bln yuan in December

Economy

China's international goods and services trade surplus stood at 392.9 billion yuan (about 60.72 billion U.S. dollars) in December 2020, official data showed.

XinhuaUpdated: January 30, 2021

China's international goods and services trade surplus stood at 392.9 billion yuan (about 60.72 billion U.S. dollars) in December 2020, official data showed.

In December, the country's trade income amounted to about 1.91 trillion yuan, and expenditure was at 1.52 trillion yuan, according to data released by the State Administration of Foreign Exchange.

China's goods trade income came in at 1.72 trillion yuan with an expenditure of 1.27 trillion yuan, leading to a surplus of 449.8 billion yuan, the data showed.

The services trade saw a deficit of 56.9 billion yuan, with the sector's income and expenditure standing at 193.3 billion yuan and 250.1 billion yuan, respectively. 

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