according to China Customs Statistics, China’s foreign trade volume stood at RMB17.53 trillion, a drop of 1.9% year-on-year (similarly hereinafter). Exports decreased by 1.6% to RMB10.06 trillion and imports shrank by 2.3% to RMB7.47 trillion. Hence the trade surplus expanded by 0.6% to RMB2.59 trillion.
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