Home / Knowledge / News / Textiles / China's exports rise in April as growth steadies
China's exports rise in April as growth steadies
09
May '16
China's exports in yuan-denominated terms rose 4.1 per cent year on year in April, while imports dipped 5.7 per cent, according to figures from the General Administration of Customs (GAC).

That led to a monthly trade surplus of 298 billion yuan ($45.9 billion), up from March's 194.6 billion yuan, the customs data showed, suggesting the economy is steadying amid slowing growth.

The export growth in April was milder than the 18.7 per cent increase in March, while imports fell at a faster pace compared with the 1.7 per cent fall in the previous month.

Foreign trade edged down 0.3 per cent year on year to 1.95 trillion yuan last month and that for the first four months combined slipped 4.4 per cent to 7.17 trillion yuan.

In the January-April period, exports dropped 2.1 per cent year on year while imports went down 7.5 per cent, leading to a trade surplus of 1.11 trillion yuan, widening 16.5 per cent from a year earlier.

The leading index for the country's exports rose 2.2 points to 33.8 in April, with sub-indices for new export orders and managers' confidence both up from March, signaling smaller pressure on export growth in the second quarter, the GAC said.

Exports to the European Union, China's largest trade partner, climbed 1.3 per cent year on year in the first four months, the GAC data showed.

In the same period, exports to the US and the ASEAN, China's second and third largest trade partners, both declined 3.5 per cent.

According to the customs data, imports of iron ore, crude oil and copper posted strong increase in the four months -- up 6.1 percent, 11.8 per cent and 23.1 per cent, respectively. But imports of coal, steel and refined oil fell. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Courtesy: Rieter

Textiles | On 22nd Aug 2017

Rieter unveils new generation of RDB-D 50 draw frame

Rieter, a producer of textile machinery and automobile components,...

Courtesy: Alizilla

Textiles | On 22nd Aug 2017

‘New Retail’ strategy Alibaba’s focus in next 15 years

Alibaba executive vice chairman Joe Tsai has said that the next 15...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search