In August this year, China’s total foreign trade value amounted to $406.95 billion, indicating a year-on-year rise of 14.3 percent, as announced by the Chinese customs authorities on September 8. In the given month, the total value of China’s exports amounted to $217.43 billion, increasing by 9.8 percent year on year, while Chinese imports totaled $189.52 billion in value, rising by 20.0 percent year on year, resulting in a trade surplus of $27.91 billion.
In the January-August period of the current year, China’s total foreign trade value amounted to $3.01504 trillion, up 16.1 percent year on year. In the given period, the total value of China’s exports amounted to $1.60435 trillion, up 12.2 percent, while the value of its imports rose by 20.0 percent year on year to $1.41069 trillion, resulting in a trade surplus of $193.66 billion in the given period.