The country’s exports rose 12.6 percent year-on-year to $1.39 trillion in the January-July period while imports grew 21 percent to $1.22 trillion, the General Administration of Customs said on Wednesday.
In July, exports rose 12.2 percent year-on-year to $215.57 billion, while imports jumped 27.3 percent to $187.52 billion.
Huang Songping, director-general of the administration’s Department of Statistics, said China’s foreign trade performance was stable during the first seven months of 2018 thanks to growing domestic demand, new policies to stimulate exports and narrowed trade surplus figures. The country saw more balanced import and export development during this period.
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