Industry news

China's int'l trade in goods, services up 5 pct in October


Source: Xinhua

 

The export and import of China's international trade in goods and services in October hit 3.85 trillion yuan, or 539.6 billion U.S. dollars, up 5 percent over the same period last year, official data showed Friday.

 

The export of goods came in at 1.92 trillion yuan and imports hit 1.51 trillion yuan, resulting in a surplus of 408.8 billion yuan, the State Administration of Foreign Exchange said.

 

Services exports reached 180.6 billion yuan last month, while services imports were 237.3 billion yuan, resulting in a trade deficit of 56.7 billion yuan.

 

Transportation services were the biggest services trade contributor with 159.9 billion yuan in trade volume, data showed. 


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