Web Dictionary
China's December exports up 2.3 pct, imports down 4 pct
2016/1/13 11:18:39

  BEIJING, Jan. 13 (Xinhua) -- China's exports in yuan terms climbed 2.3 percent year on year in December, compared with November's 3.7-percent drop, while imports declined 4 percent, an improvement over the previous month's 5.6-percent fall, customs data showed on Wednesday.

  Exports rose to 1.43 trillion yuan (218 billion U.S. dollars) in December while imports dropped to 1.05 trillion yuan, according to the General Administration of Customs (GAC) data.

  Total foreign trade values in December edged down 0.5 percent year on year to 2.48 trillion yuan, while monthly trade surplus widened to 382.1 billion yuan from 343.1 billion yuan in November, customs data showed.

  For the whole year of 2015, China's foreign trade surplus widened to 3.69 trillion yuan, an increase of 56.7 percent from a year earlier, data showed.

  Exports fell 1.8 percent year on year to 14.14 trillion yuan in 2015, while imports declined 13.2 percent to 10.45 trillion yuan in 2015.

  Last year, the country's total export and import values decreased 7 percent year on year to 24.59 trillion yuan.

  GAC spokesman Huang Songping attributed the foreign trade decline in 2015 mainly to falling commodity prices and sluggish demand.

  Related:

  China's trade surplus up 56.7 pct in 2015

  BEIJING, Jan. 13 (Xinhua) -- China's foreign trade surplus widened to 3.69 trillion yuan (562 billion U.S. dollars) in 2015, an increase of 56.7 percent from a year earlier, customs data showed on Wednesday.

  Exports fell 1.8 percent year on year to 14.14 trillion yuan in 2015, while imports declined 13.2 percent to 10.45 trillion yuan in 2015, according to the General Administration of Customs data. Full story

  China to remain global economy driver: expert

  MOSCOW, Jan. 12 (Xinhua) -- China will continue to be a driver of global economy as it has sufficient investment opportunities and internal resources, a leading Chinese economist said Tuesday.

  "China will continue to grow economically and continue to be the main driver of global economic growth," Justin Yifu Lin, founding director of the China Center for Economic Research and honorary professor of Peking University, told a press conference in Moscow. Full story