China's latest trade data shows that exports soared in June, indicating a continued recovery from the impact of the coronavirus pandemic.
Customs authorities say exports last month came to 331 billion dollars, up 17.9 percent from a year earlier.
The end of coronavirus lockdowns in Shanghai led to improvements in logistics and other corporate activities.
Li Kuiwen, a spokesperson of Chinese General Administration of Customs, said that uncertain factors still remain, but was optimistic about the business outlook.
He said "China's economy continues to grow, and corporate output is picking up swiftly. We are confident that exports will increase in the latter half of the year."
Overall imports in June, however, rose only 1 percent year on year, to 233 billion dollars, suggesting that demand remains weak at home.
But imports from Russia were strong, increasing 56 percent, likely due to greater shipments of crude oil and natural gas.
Customs authorities say exports last month came to 331 billion dollars, up 17.9 percent from a year earlier.
The end of coronavirus lockdowns in Shanghai led to improvements in logistics and other corporate activities.
Li Kuiwen, a spokesperson of Chinese General Administration of Customs, said that uncertain factors still remain, but was optimistic about the business outlook.
He said "China's economy continues to grow, and corporate output is picking up swiftly. We are confident that exports will increase in the latter half of the year."
Overall imports in June, however, rose only 1 percent year on year, to 233 billion dollars, suggesting that demand remains weak at home.
But imports from Russia were strong, increasing 56 percent, likely due to greater shipments of crude oil and natural gas.
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Summary
China's exports surged by 17.9% YoY in June, reaching $331 billion, signifying a continuous recovery post-COVID-19 pandemic. The improvements are attributed to the easing of lockdowns in Shanghai and enhanced logistics. Despite uncertain factors, Li Kuiwen, a spokesperson for Chinese Customs, is
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ID: 62cea24c-620c-4e77-b082-7bf1c0a80b98
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220713_44/
Date: July 13, 2022
Created: 2022/07/13 19:45
Updated: 2025/12/09 15:00
Last Read: 2022/07/13 19:45