Trade slows but still impels economy

China's foreign trade in July, though slower than expected, still achieved double-digit growth, as the country maintains steady demand for foreign commodities and continues to diversify its trading with various partners.

China's exports in yuan-denominated terms rose by 11.2 percent year-on-year last month, and imports by 14.7 percent, according to General Administration of Customs data on Tuesday. Previously, customs forecast July year-on-year export growth of 14.8 percent and import growth of 22.6 percent.

Trade figures showed a monthly surplus of 321.2 billion yuan ($47.8 billion), a 1.4 percent year-on-year increase.