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Exports Hit Record High in July
Official figures show China's import and export volume reached 56.2 billion US dollars in July, up 28.4 percent on a year-on-year basis, with the exports surging by 28.1 percent to a record 29.21 billion US dollars.

According to statistics released Monday by the General Administration of Customs, imports in July rose to 26.99 billion US dollars, a 28.9 percent growth. A 2.22-billion-dollar favorable balance was achieved.

Figures show the total trade volume during January-July period reached 326.84 billion US dollars, up 14.8 percent. Exports rose 16.2 percent to 171.24 billion US dollars, while imports increased by 13.2 percent to 155.6 billion US dollars. A trade surplus of 15.64 billion US dollars was realized.

Statistics show in the seven months, the imports and exports of normal trade shot up by 9.6 percent to 139.83 billion US dollars with imports growing by 4.8 percent to 67.83 billion US dollars and exports by 14.6 percent to 72 billion US dollars.

In the same period, the imports and exports of the processing trade soared by 20.1 percent to 159.41 billion US dollars, with exports growing 17.1 percent to 94.61 billion US dollars, and imports by 24.8 percent to 64.8 billion US dollars.

Figures show exports of machinery and electronic equipment went up 26.5 percent to 81.63 billion US dollars. Exports of garments reached 21.03 billion US dollars, up 6.4 percent, exports of textiles and textile products 11.2 billion US dollars, up 14.6 percent, shoe products 6.19 billion US dollars, up 3.1 percent, and toys 2.71 billion US dollars, up 7.6 percent.

Light Industry Exports Up
Exports of Agricultural Products up 6.6% in Fist Half Year
First Export Credit Insurance Firm Set up
More Policy to Support Export
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