china foreign trade on recovery track
Last Updated : GMT 00:11:32
Arab Today, arab today
Arab Today, arab today

China foreign trade on recovery track

Arab Today, arab today

Arab Today, arab today China foreign trade on recovery track

Beijing - Arabstoday

China\'s foreign trade growth continued to pick up in the first quarter, as the country\'s supportive policies initiated last year began to take effect amid the improving economy.In the first quarter, China\'s foreign trade -- exports and imports combined -- increased 13.4 percent year-on-year to US$974.67 billion, faster than the country\'s 6.2-percent trade growth for 2012, the General Administration of Customs (GAC) said Wednesday.Trade surplus expanded to US$43.07 billion from US$210 million during the same period last year.In March alone, China\'s exports increased 10 percent year-on-year, narrowing from the 21.8 percent rate seen in February, while imports growth bounced back to 14.1 percent following a 15.2-percent drop in the previous month, the GAC said.The month saw a trade deficit of US$880 million, in contrast with the US$15.25 billion surplus in February. source : China.org

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