China's intl trade in goods, services up 2% in June

BEIJING -- The value of China's international trade in goods and services reached about 4 trillion yuan in June 2024, marking an increase of 2 percent year on year, official data showed on Friday.

In US dollar terms, the country's exports and imports of goods and services amounted to $301.1 billion and $260.4 billion, respectively, recording a surplus of $40.7 billion, the State Administration of Foreign Exchange said.

The export value of goods reached 1.93 trillion yuan while the import value of goods totaled 1.53 trillion yuan, resulting in a surplus of 405.2 billion yuan.

The value of exported services amounted to 212.5 billion yuan and the value of imported services stood at 328 billion yuan, producing a deficit of 115.5 billion yuan.

Transport was the biggest contributor to services trade, with its trade value totaling 158.6 billion yuan, followed by travel services, according to the administration.