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China's foreign trade expanded 5% year on year in 2024

Time:2025-01-14 16:55:00 Source: Youth.cn China Youth International

Beijing,January 13 (Youth.cn) - China's foreign trade hit a record high in total value in 2024 as the world's second-largest economy further consolidated its top position globally in goods trade. The nation's total goods imports and exports in yuan terms reached 43.85 trillion yuan (about 6.1 trillion U.S. dollars) last year, up 5 percent year on year, according to data released Monday by the General Administration of Customs (GAC). Exports grew 7.1 percent year on year to 25.45 trillion yuan last year, while imports expanded 2.3 percent from one year earlier to 18.39 trillion yuan, the data showed.

Editor:Guo Wenjing
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