Off the wire
• Cambodian scholar warns of regional tensions after ill-founded award on South China Sea arbitration  • 1st LD-Writethru: Chinese shares close higher Wednesday  • China sets up new SOE to develop aircraft engine  • Roundup: Candidates for UN chief job tested in first-ever global TV debate  • Refugee boat capsizes off Greek coasts, one child dead: media  • China urges early resumption of Israel-Palestine peace talks  • China to levy anti-dumping duties on acrylic fiber imports  • South China Sea arbitration award solves nothing: senior European parliamentarian  • Diplomatic efforts to solve South China Sea disputes not to be blocked: official  • China Hushen 300 index futures close higher Wednesday  
You are here: 　 Home

1st LD: China's June exports up 1.3 pct, imports down 2.3 pct

Xinhua, July 13, 2016 Adjust font size:

China's exports in yuan-denominated terms rose 1.3 percent year on year in June, while imports dropped 2.3 percent, customs data showed on Wednesday.

That led to a monthly trade surplus of 311.2 billion yuan (46.4 billion U.S. dollars), 12.8 percent more than a year before but narrowing slightly from that in May, according to figures from the General Administration of Customs (GAC).

Foreign trade in the first half of the year was 3.3 percent lower than a year earlier at 11.13 trillion yuan, with exports down 2.1 percent and imports down 4.7 percent.

Trade surplus for the first six months widened 5.9 percent from one year earlier to 1.67 trillion yuan.

GAC spokesperson Huang Songping said that according to some leading indicators, China's exports may face "relatively big downward pressure" in the third quarter as global demand looks set to remain sluggish.

Exports to the European Union, China's biggest trade partner, climbed 1.3 percent year on year in the first half, GAC data showed.

In the same period, exports to the United States, China's second-biggest trade partner, declined 4.6 percent and exports to ASEAN, its third-largest trade partner, fell 2.9 percent. Endi