China’s foreign trade expands 16.9 pct in May
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
China’s foreign trade in yuan-denominated terms grew 16.9 percent year on year in May, data from the General Administration of Customs showed on Tuesday.
The total value of goods imports and exports reached 4.45 trillion yuan (about 653 billion U.S. dollars) last month, remaining above 4 trillion yuan for three consecutive months, the data showed. Exports rose 13.8 percent from the same period last year, while imports increased 21.5 percent.
In the first five months of the year, total foreign trade amounted to 20.68 trillion yuan, up 15.3 percent year on year.
Reference Link:- https://english.news.cn/20260609/769c33530e0f4c858a1b345d464612ac/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
