BEIJING -- China's foreign trade of goods rose 4.1 percent year-on-year in the first five months of this year to 12.1 trillion yuan, customs data showed Monday.Exports increased 6.1 percent year-on-year to 6.5 trillion yuan during this period, while imports grew 1.8 percent to 5.6 trillion yuan, the General Administration of Customs (GAC) said.May trade rose 2.9 percent to amount to 2.59 trillion yuan. Exports grew 7.7 percent, reaching 1.43 trillion yuan, while imports dropped 2.5 percent, GAC data showed.Trade surplus expanded 45 percent to 893.36 billion yuan during the January-May period.T...
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2019
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Deals related to manufacturing and agriculture to be inked in ChangshaThe first China-Africa Economic and Trade Expo, due to be held later this month in Changsha, capital of Hunan province, will spotlight cooperation in manufacturing, agriculture, infrastructure and emerging sectors such as finance and cross-border e-commerce, the Ministry of Commerce said on Tuesday.Qian Keming, vice-minister of commerce, said a number of deals were expected to be signed during the expo related to agriculture, manufacturing, infrastructure and the building of trade and economic cooperation zones.A number of c...
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2019
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GUIYANG - China's e-commerce trade volume reached 31.63 trillion yuan ($4.58 trillion) in 2018, according to a report released at the ongoing China International Big Data Industry Expo 2019 in Guiyang, capital of Southwest China's Guizhou province on Tuesday.According to the report on China's e-commerce development in 2018, over 9 trillion yuan of online retail sales was made and online payment exceeded 200 trillion yuan last year.More than 50 billion packages were delivered last year. The total import and export volume of cross-border e-commerce reached 134.7 billion yuan over the same period...
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2019
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