BEIJING, Aug. 7 (Xinhua) -- China's foreign trade hit a new high in the first seven months of this year, injecting impetus to the country's economic growth, official data showed Wednesday.
The goods trade volume expanded 6.2 percent year on year in yuan terms in the first seven months. Exports rose 6.7 percent year on year, while imports climbed 5.4 percent, according to the General Administration of Customs (GAC).
"China's economy has been running steadily since the beginning of this year, and the foreign trade has maintained a stable and positive momentum," said Lyu Daliang, director of the GAC's Department of Statistics and Analysis.
"The year-on-year growth of China's foreign trade maintained above 5 percent for the fourth consecutive month in July," Lyu added.
In U.S. dollar terms, the country's foreign trade in goods stood at 3.5 trillion dollars from January to July. Exports reached 2.01 trillion dollars, while imports hit 1.49 trillion dollars.
Trade surplus expanded by 7.9 percent year on year to 518 billion dollars during the seven-month period.
ASEAN remained China's largest trading partner, with bilateral trade volume reaching 3.92 trillion yuan in the first seven months, up 10.5 percent from a year ago, accounting for 15.8 percent of the country's total foreign trade. It was followed by the European Union with trade volume standing at 3.22 trillion yuan, the United States at 2.72 trillion yuan, and the Republic of Korea at 1.32 trillion yuan.
China's goods trade with countries participating in the Belt and Road Initiative surged by 7.1 percent to 11.72 trillion yuan in the first seven months.
Mechanical and electrical products continued to dominate China's exports during the period, accounting for nearly 60 percent of the total.
Specifically, exports of automatic data processing equipment and components rose 11.6 percent year on year in the first seven months, integrated circuits increased by 25.8 percent and automobiles by 20.7 percent.
China aims to raise the volume and quality of foreign trade, boost imports of high-quality goods, and help foreign trade enterprises lower costs and boost efficiency, according to this year's government work report.
公安部：开展整治“飙车炸街”专项行动，去年查处案件7.4万起 中新网1月11日电 据公安部网站消息，2023年，全国公安交管部门持续强化违法犯罪打击整治和问题隐患治理，不断深化便民利企改革，推动公安交管服务迈上新台阶 国家粮食和物资储备局紧急部署做好寒潮雨雪天气应对工作 中新网北京2月18日电 (记者 陈溯)据气象部门预测，近期我国出现大范围寒潮雨雪天气，中央气象台18日将寒潮预警提升至橙色，且本轮寒潮天气过程与春运假期后 共建“一带一路”倡议提出十年来，从亚欧大陆扩展至全球，为许多人带去了更好的发展机遇。与此同时，在某些西方媒体的宣传中，“债务陷阱”等阴谋论字眼却甚嚣尘上。中国日报起底工作室针对这一说法 农工党中央召开两会情况通报会农工党中央拟向全国政协十四届二次会议提交34件中央提案、26件界别小组提案中国改革报、中国发展网记者田新元2月20日，在全国两会即将召开之际，农工党中央在京召开中央和 中国发展网讯 踩高跷、 “醉关公”、吭秦腔……2月21日，在宕昌县城区街道、时代广场，当地举行了贺新春社火进城展演活动。来自两河口镇的社火队为当地群众献上精彩的演出。上午10时许，社火 独家 | 库迪咖啡回应闭店：自开业以来总共闭店解约门店数为61家 2月22日每经快讯，自去年末起，不断有库迪联营商在小红书等社交媒体上发帖称库迪出现供应链问题、品牌现金流疑似出现危机，称有很多库迪联营商正在撤离 。本文链接：China's foreign trade hits new high in first 7 monthshttp://www.sushuapos.com/show-5-24148-0.html
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