Q1 data reflects confidence and strength of Chinese economy
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In the first quarter of this year, our country's volume of goods trade import and export broke through 10 trillion yuan ($1.38 trillion) for the first time in the same period of history, with a year-on-year increase of 5 percent.
Among them, exports were 5.74 trillion yuan, an increase of 4.9 percent; imports were 4.43 trillion yuan, an increase of 5 percent. The growth rate of imports and exports reached a new high in six quarters.
Zhang Yansheng believes that the marginal improvement in external demand in the first quarter, coupled with the overall better-than-expected performance of global shipping, logistics and trade chains, reflects that China's foreign trade has started well, with strong resilience and vitality in imports and exports.