China's foreign trade surges despite challenges
By Zhong Nan, Jing Shuiyu and Ren Xiaojin | China Daily | Updated: 2018-07-14 07:06
China's foreign trade surged by 7.9 percent year-on-year to 14.12 trillion yuan ($2.1 trillion) in the first half of the year, despite potential challenges posed by the United States' protectionist trade policies.
From January to June, the country's exports grew by 4.9 percent year-on-year to 7.51 trillion yuan, while its imports amounted to 6.61 trillion yuan, jumping by 11.5 percent from same period a year earlier, according to China's General Administration of Customs on Friday.
As for China-US trade during the period, the volume grew by 5.2 percent year-on-year to 1.93 trillion yuan, accounting for 13.7 percent of China's total foreign trade.
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