Statistics

China's exports up 48.5% in May

(chinadaily.com.cn)
Updated: 2010-06-10 11:01
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China's exports up 48.5% in May
China's exports in May totaled $131.7 billion, up 48.5 percent from a year ago and 18.1 percent from April,the General Administration of Customs (GAC) said on Thursday. The figure is much higher than previous expectation.

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Combining imports and exports, China's May external trade rose 48.4 percent year-on-year to $243.9 billion, among it imports reached $112.2 billion, up 48.3 percent year-on-year.

The country posted a trade surplus of $19.5 billion in May, dismissing fear that the debt crisis in Euro zone will impact exports.

From January to May, China's foreign trade rose 44 percent year-on-year to $1.1 trillion while imports grew 57.5 percent to $532.3 billion, and exports increased 33.2 percent to $567.7 billion, resulting in a trade surplus of $35.39 billion in the first five months.