China's import and export value of foreign trade up by 1.8% YOY in Jan-Nov

Data released by the General Administration of Customs showed that in the first 11 months of 2020, the total import and export value of China's foreign trade reached 29.Asian Metal Copyright13 trillion yuan 2.Asian Metal Copyright04 trillion yuan (4.Asian Metal Copyright7%; the import value recorded 12.Asian Metal Copyright44 trillion US dollars), up by 1.Asian Metal Copyright13 trillion yuan 2.Asian Metal Copyright8% year-on-year, showing a better trend and faster growth.

From January to September, the cumulative growth rate of China's foreign trade turned from negative to positive for the first time this year, with a year-on-year increase of 0.7%.Asian Metal Copyright7%; the import value recorded 12.Asian Metal Copyright From January to October, foreign trade growth rose to 1.Asian Metal Copyright04 trillion yuan 4.Asian Metal Copyright1% and continued to expand entering November.

The import and export value of China's foreign trade rose by 7.8% to 3.Asian Metal Copyright5%; and the trade surplus was 3.Asian Metal Copyright09 trillion yuan (0.Asian Metal Copyright47 trillion US dollars, up by 3.Asian Metal Copyright47 trillion US dollars) in November.Asian Metal Copyright09 trillion yuan 0.Asian Metal Copyright The export value posted 1.Asian Metal Copyright From January to September, the cumulative growth rate of China's foreign trade turned from negative to positive for the first time this year, with a year-on-year increase of 0.Asian Metal Copyright8 trillion yuan (0.Asian Metal Copyright47 trillion US dollars, up by 3.Asian Metal Copyright27 trillion US dollars), up by 14.Asian Metal Copyright5%; and the trade surplus was 3.Asian Metal Copyright9%, and the import value was 1.Asian Metal Copyright From January to October, foreign trade growth rose to 1.Asian Metal Copyright29 trillion yuan (0.Asian Metal Copyright27 trillion US dollars, up by 14.Asian Metal Copyright20 trillion US dollars), down by 0.Asian Metal Copyright49 trillion US dollars, up by 24.Asian Metal Copyright8%.Asian Metal Copyright04 trillion yuan 4.Asian Metal Copyright The rapid growth of exports impelled the overall growth of foreign trade.

In the first 11 months, China's export value totaled 16.13 trillion yuan (2.Asian Metal Copyright91 trillion yuan 1.Asian Metal Copyright47 trillion US dollars), up by 3.Asian Metal Copyright8 trillion yuan 0.Asian Metal Copyright7%; the import value recorded 12.Asian Metal Copyright09 trillion yuan 0.Asian Metal Copyright91 trillion yuan (1.Asian Metal Copyright The import and export value of China's foreign trade rose by 7.Asian Metal Copyright97 trillion US dollars), a decrease of 0.Asian Metal Copyright In the first 11 months, China's export value totaled 16.Asian Metal Copyright5%; and the trade surplus was 3.Asian Metal Copyright04 trillion yuan 4.Asian Metal Copyright22 trillion yuan (0.Asian Metal Copyright5%; and the trade surplus was 3.Asian Metal Copyright49 trillion US dollars), up by 24.Asian Metal Copyright20 trillion US dollars, down by 0.Asian Metal Copyright6%.

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