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China's int'l trade in goods, services up 5 pct in September

China

China

China

China's int'l trade in goods, services up 5 pct in September

2024-10-31 20:55 Last Updated At:21:37

The value of China's international trade in goods and services reached nearly 4.48 trillion yuan in September this year, marking an increase of 5 percent year on year, official data showed on Thursday.

In U.S. dollar terms, the country's exports of goods and services amounted to 352 billion U.S. dollars, while imports totaled 280.6 billion dollars, recording a surplus of 71.3 billion dollars, the State Administration of Foreign Exchange said.

The export value of goods reached nearly 2.25 trillion yuan, while the import value of goods totaled about 1.62 trillion yuan, resulting in a surplus of 626.8 billion yuan.

The value of exported services amounted to 242 billion yuan and the value of imported services stood at 364 billion yuan, producing a deficit of 121.9 billion yuan.

China's int'l trade in goods, services up 5 pct in September

China's int'l trade in goods, services up 5 pct in September

China's int'l trade in goods, services up 5 pct in September

China's int'l trade in goods, services up 5 pct in September

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday

Chinese yuan strengthens to 7.0108 against USD Monday

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