China's foreign trade sustains growth with better structures

China's foreign trade sustains growth with better structures

(Xinhua) 08:09, July 14, 2023

BEIJING, July 13 (Xinhua) -- China's foreign trade maintained steady growth with better structure and competitive edge in the first half of the year, withstanding challenges brought by sluggish global economic recovery, rising geopolitical risks, and weakening external demand, official data showed Thursday.

The country's total goods imports and exports expanded 2.1 percent year on year to 20.1 trillion yuan (about 2.81 trillion U.S. dollars), according to the General Administration of Customs (GAC).

It is the first time China's goods imports and exports exceeded 20 trillion yuan in the January-June period, said GAC spokesperson Lyu Daliang at a press conference.