E-mail lunthesis@163.com Phone 0551-65179860-203

China's Q1 goods, services trade surplus exceeds 60 bln USD

Pub Date:2024-04-19 09:35 Source:Xinhua

BEIJING, April 18 (Xinhua) -- The surplus of China's goods and services trade reached more than 60 billion U.S. dollars in the first quarter of this year, a relatively high level for the same period in history, official data showed Thursday.

Supported by the surplus of trade in goods and services, China's current account surplus remained within a reasonable and balanced range in the January-March period, Wang Chunying, deputy director and spokesperson of the State Administration of Foreign Exchange, told a press conference.

"Looking ahead, China's current account has the foundation and conditions to sustain a certain scale of reasonable surplus," Wang noted, citing the effects of a high level of goods trade surplus and the optimized structure of China's services trade.

China's exports will be supported by new growth drivers such as high-end manufacturing products and new energy vehicles, and new business modes such as cross-border e-commerce, Wang said, adding that external demand for increasing inventories will further boost exports of many Chinese products.

Wang also highlighted the role of travel in promoting China's services trade as Chinese residents' cross-border trips are gradually recovering, and more foreigners are travelling to China driven by visa facilitation policies and more convenient payment services.

The steady increase in the export of production-purposed services such as telecommunications, information and business services will also contribute to more balanced development of services trade, Wang said.

Editor:郑晨

Related News
- Türkiye, China look to expand cooperation at economic forum    2024-04-19 09:35
- IT, high-tech makers power industry in Q1    2024-04-19 09:35
- VW partners with Xpeng to develop EV architecture    2024-04-19 09:35
- People rush to book May Day holiday trips while tickets last    2024-04-19 09:35
 
photo  >>
Wuhu, Anhui: 100,000 mu of canola flowers blossoming
Guest countries of honor attract visitors at 6th CIIE
Video  >>
Crossing 4786 Kilometers just for a Job? 跨越4786公里他只为了来打个工?
Vlog | Explore the Chu Culture Museum
People  >>
Hebei rolls out red carpet for talent
Transnational couple revives ancient dwelling in east China
Travel  >>
Huangshan listed among China's Top 10 scenic cities
China expects travel spree during May Day holiday
Contact Us
Copyright ©2000-2021 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited. 皖B2-20080023-7