Off the wire
• Tokyo shares end lower by break on worries over weaker yen  • Interview: Dutch professor questions U.S. jurisdiction over FIFA officials  • Chinese vice premier calls for global cooperation on food security  • China protects people's right to clean, healthy environment  • China plays constructive role in promoting development of global human rights  • Full Text: Progress in China's Human Rights in 2014 (15)  • China makes notable achievements in key rehabilitation projects  • 2nd Ld: China's new human rights report highlights development, rule of law  • 1st LD: China's exports down 2.8 pct in May  • Full Text: Progress in China's Human Rights in 2014 (14)  
You are here: 　 Home

2nd LD: China's exports down 2.8 pct in May

Xinhua, June 8, 2015 Adjust font size:

China's exports declined 2.8 percent year on year to 1.17 trillion yuan (191.16 billion U.S. dollars) in May, marking marginal improvement from the previous month but continued pressure on the economy.

Imports slumped 18.1 percent from a year ago to 803.33 billion yuan, bringing trade surplus to 366.8 billion yuan, up a substantial 65 percent, data from the General Administration of Customs (GAC) showed on Monday.

In the meantime, total foreign trade slipped 9.7 percent from a year earlier to 1.97 trillion yuan.

In the Jan.-May period, the country's exports increased 0.8 percent and imports decreased 17.2 percent year on year, with foreign trade volume down 7.8 percent, data showed.

Trade surplus in the first five months doubled to 1.33 trillion yuan, the GAC said.

China's trade with the European Union, its biggest trade partner, waned by 7.1 percent during the Jan.-May, but that with the United States, the second largest, rose 2.8 percent.

Trade with the Association of Southeast Asian Nations edged down 0.5 percent, while China-Japan trade plummeted by 11.2 percent during this period.

The data also showed China bought more bulk commodities of crude oil and grain in the first five months, but the imports of iron ore, coal and refined oil products shrank, with prices of major goods down.

The imports of oil increased 4 percent year on year to 134 million tonnes and the iron ore lost 1.1 percent to 378 million tonnes. Endi