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China's foreign trade value grows

By Zhong Nan | chinadaily.com.cn | Updated: 2022-12-07 11:11

Aerial photo taken on May 26, 2021 shows the Yangpu international container port at Yangpu economic development zone in South China's Hainan province. [Photo/Xinhua]

The value of China's foreign trade grew 8.6 percent on a yearly basis to 38.34 trillion yuan ($5.78 trillion) during January-November period this year, data from the General Administration of Customs show.

Among that, the country's exports rose 11.9 percent year-on-year to 21.84 trillion yuan, while its imports grew 4.6 percent to 16.5 trillion yuan. Its trade surplus expanded 42.8 percent on a yearly basis to 5.34 trillion yuan.

The country's trade with the Association of Southeast Asian Nations reached 5.89 trillion yuan in the first eleven months, an increase of 15.5 percent on a yearly basis, while trade with the European Union rose 7 percent to 5.17 trillion yuan.

In the meantime, the total trade value between China and the United States grew 4.8 percent year-on-year to 4.62 trillion yuan.

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