SME Times is powered by   
Search News
Just in:   • First India-China high level Meeting on security cooperation  • Saudi Arabia: World's 3rd largest weapons buyer with US as its top supplier  • Sack Jaitley over bank frauds: Congress  • Data protection bill detrimental to economy, says advocacy group  • SC verdict on firecrackers on Tuesday 
Last updated: 12 Jan, 2018  

china.9.THMB.jpg China's foreign trade rose 14.2 percent in 2017

IANS | 12 Jan, 2018
Chinese foreign trade rose 14.2 percent in 2017, helped by an increase of 18.7 percent in imports, putting an end to two consecutive years of declines, the General Administration of Customs reported on Friday.

The Asian giant's total foreign trade volume reached 27.79 trillion yuan ($4.28 trillion), Efe news reported.

The Chinese trade surplus stood at 2.87 trillion yuan with a decline of 14.2 per cent compared to 2016, according to Customs data which are always reported in yuan.

China's imports last year totalled 12.46 trillion yuan, 18.7 per cent more than in 2016.

Exports of goods and services of Chinese companies increased by 10.8 percent compared to the previous year reaching 15.33 trillion yuan.

In 2016, Chinese exports had declined by 1.9 percent and imports had risen by 0.6 percent. 
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 23 Oct, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(4)
» India needs strong, decisive leadership at Centre: Jaitley(1)
» Industries, govt must come together for education to all: Naidu(1)
» Indian artisans - crafting a way of life(1)
» All is not well with GDP growth(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter