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Chinese exports create history in April
May '11
China's import and export value reached US $1.100320 trillion from January to April 2011, representing an increase of 28.5 percent year on year, according to the latest data released on May 11 by the General Administration of Customs.

Of which, exports registered US $555.3 billion, up 27.4 percent year on year; imports fetched US $545.02 billion, an increase of 29.6 percent year on year. Cumulative trade surplus scored US $10.28 billion, down 32.8 percent year on year.

Customs statistics showed that China's import and export value completed US $299.95 billion in April, a rise of 25.9 percent year on year. Of which, exports came to 155.69 billion, up 29.9 percent, surpassing the historical record of US $154.12 billion set in December last year; imports achieved US $144.26 billion, up 21.8 percent year on year. Trade surplus marked US $11.43 billion in April.

In bilateral trade with major trading partners, China's bilateral trade value with the EU stood at US $170.01 billion in the first four months, a climb of 23.5 percent year on year. Bilateral trade with the United States amounted to US $133.71 billion, a rise of 24.8 percent year on year. Trade with the ASEAN amounted to US $110.21 billion, an increase of 26.5 percent year on year and that of with Japan amounted to US $108.86 billion, up 22.9 percent year on year.

Fibre2fashion News Desk - China

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