In August this year, China’s total foreign trade value amounted to $329.135 billion, indicating a month-on-month increase of 4.6 percent and a year-on-year decrease of 1.1 percent, as announced by the Chinese customs authorities on September 8. In the given month, the total value of China’s exports amounted to $190.592 billion, up 4.5 percent month on month and decreasing by 2.8 percent year on year, while Chinese imports totaled $138.543 billion in value, up 4.8 percent month on month and rising by 1.5 percent year on year, resulting in a trade surplus of $52.049 billion.
In the January-August period of the current year, China’s total foreign trade value amounted to $2.350968 trillion, down 7.9 percent year on year, while the total value of China’s exports and imports amounted to $1.352930 trillion and $998.038 billion, down 7.1 percent and declining by 9.0 percent year on year, respectively, resulting in a trade surplus of $354.893 billion in the given period.