China’s foreign trade up 4.7% in first five months

This aerial photo taken on March 13, 2023 shows a container terminal of Taicang port in east China's Jiangsu province. (PHOTO / XINHUA)

BEIJING – China's total imports and exports expanded 4.7 percent year-on-year to 16.77 trillion yuan in the first five months of 2023, official data showed Wednesday.

Exports grew 8.1 percent year-on-year while imports rose 0.5 percent in the first five months, official data showed

Exports grew 8.1 percent year-on-year while imports rose 0.5 percent in the first five months, it added.

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In US dollar terms, total foreign trade came in at $2.44 trillion in the period, down 2.8 percent year-on-year, according to the General Administration of Customs.

In May alone, foreign trade increased 0.5 percent year-on-year.