China's foreign trade expanded 7.8 percent year-on-year in November, official data showed Monday.
Exports jumped 14.9 percent year-on-year while imports dipped 0.8 percent in yuan terms, the General Administration of Customs said.
In the first 11 months, China's foreign trade of goods totaled 29.04 trillion yuan (about $4.44 trillion), up 1.8 percent year-on-year, accelerating from an increase of 1.1-percent in the first 10 months, the administration said in a statement.
The Association of Southeast Asian Nations remained China's largest trading partner during the period, followed by the European Union and the United States.
Private companies played a significant role in propelling trade growth, with their foreign trade expanding by 11.3 percent in the first 11 months to account for 46.4 percent of the country's total.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
Please Contact Us at：
media@xindemarine.com
