China's foreign trade surges 32.2 pct in first two months
Xinhua
09 Mar 2021, 12:05 GMT+10
BEIJING, March 9 (Xinhua) -- China's total goods imports and exports expanded 32.2 percent year on year to 5.44 trillion yuan (about 838.16 billion U.S. dollars) in the first two months of 2021, sustaining growth momentum in previous months, official data showed Sunday.
Exports jumped 50.1 percent while imports rose 14.5 percent in yuan terms, according to the General Administration of Customs (GAC).
In February alone, China's foreign trade totaled 2.42 trillion yuan, climbing 57 percent from a year ago, the GAC said.
The country saw double-digit growth in foreign trade volumes with major trading partners in the Jan. - Feb. period. The Association of Southeast Asian Nations remained China's largest trading partner during the period, with the combined trade volume rising 32.9 percent year on year.
Other major trading partners such as the European Union, the United States and Japan saw trade volumes with China surge 39.8 percent, 69.6 percent and 27.4 percent, respectively.
Meanwhile, China's foreign trade with countries along the Belt and Road amounted to 1.62 trillion yuan in the first two months, up 23.9 percent year on year.
Imports and exports by private businesses stood at 2.57 trillion yuan during the same period, rising 49.5 percent year on year and accounting for 47.2 percent of the country's total.
Subscribe and Follow
Get a daily dose of Santa Barbara Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Santa Barbara Post.
More Information
55
℉
After 10 hours, Chauvin jury returns guilty verdict
MINNEAPOLIS, Minnesota - Former Minneapolis police officer Derek Chauvin was found guilty of all charges Tuesday in the death of ...
Red Bulls sign Celtic FC striker Patryk Klimala
The New York Red Bulls announced the signing Thursday of Celtic FC striker Patryk Klimala to a four-year contract with ...
8 major cultural trophies the USSR took home after WWII
The triumphant return of Soviet troops in 1945 was accompanied by large amounts of captured paintings, sculptures, books and gold ...
US to cut greenhouse emissions in half by 2030
Washington [US], April 22 (ANI): Laying out his vision for a greener economy, US President Joe Biden on Thursday announced ...
India has taken many bold steps on clean energy: PM Modi
New Delhi [India], April 22 (ANI): Terming the threat of climate change as a "lived reality" for millions of people ...
Chinese Naval base in Africa to support carriers
Washington DC [US], April 22 (ANI): Amid China's growing influence in Africa, a top US commander has revealed how a ...
Small chance of blood clots, so Canada's Ontario OKs AstraZeneca
TORONTO, Canada: The province of Ontario, Canada will offer AstraZeneca vaccines to people 40 years and over. This follows a ...
Concerns over Covid causes U.S. to urge not traveling to 80% or world
WASHINGTON D.C.: Citing the need to protect U.S. citizens from contracting the Coronavirus, the U.S. State Department said on April ...
Expect Covid booster after one year, says Pfizer CEO
NEW YORK, New York: Those who have been inoculated against COVID-19 with the Pfizer vaccine will likely need a third ...
'There will be consequences' to death of Navalny, warns U.S. official
WASHINGTON D.C.: Russia should expect a strong response from the United States if imprisoned political leader Alexei Navalny dies during ...
American woman dies at 115, had 193 grand, great grandchildren
CHARLOTTE, North Carolina - Hester McCardell Ford, age 115 to 116 and believed to be the oldest living person in ...
After 10 hours, Chauvin jury returns guilty verdict
MINNEAPOLIS, Minnesota - Former Minneapolis police officer Derek Chauvin was found guilty of all charges Tuesday in the death of ...
