General Administration of Customs: import and export in the first half of the year is better than expected

SMM: according to data released by the General Administration of Customs on the 14th, in the first half of the year, the total value of China's imports and exports of goods was 14.24 trillion yuan, down 3.2 percent from the same period last year, or 1.7 percentage points lower than in the previous five months. Of this total, exports totaled 7.71 trillion yuan, down 3 percent, while imports totaled 6.53 trillion yuan, down 3.3 percent. In the first half of the year, foreign trade imports and exports were better than expected, and both exports and imports achieved positive growth in June.

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