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10 data highlights of China's economy in H1
chinadaily.com.cn Updated: Jul 17, 2019
4. Foreign trade
Foreign trade increased by 3.9 percent year-on-year, totaling 14.67 trillion yuan, with exports growing by 6.1 percent to 7.95 trillion yuan and imports rising 1.4 percent to 6.72 trillion yuan, data from the General Administration of Customs showed.
Newly introduced tax cuts and fee reductions have effectively promoted expectations and confidence in the market and enterprises, said Li Kuiwen, spokesman for the General Administration of Customs, at a news briefing.
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