General Administration of Customs of China (GACC) announced on June 9 that in the first five months of 2022, China’s total import and export value of foreign trade was RMB16.04 trillion (USD2.40 trillion), an increase of 8.3% YoY. In specific, the export value was RMB8.94 trillion (USD1.34 trillion), up by 11.4% YoY, and the import value was RMB7.1 trillion (USD1.06 trillion), up by 4.7% YoY. The trade surplus recorded RMB1.84 trillion (USD0.27 trillion), rising by 47.6% year on year.
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