China's foreign trade rises by 5.8% to 13.32t yuan in first 4 months



China's foreign trade has shown a relatively stable growth trend, with total imports and exports expanding 5.8 percent year on year to 13.32 trillion yuan ($1.94 trillion) in the first four month of 2023, data from the General Administration of Customs showed Tuesday.

Of which, exports grew 10.6 percent while imports rose 0.02 percent.

From January to April, China's imports and exports with economies participating in the Belt and Road Initiative surged 16 percent year-on-year to 4.61 trillion yuan.

The country's trade with the Association of Southeast Asian Nations - its largest trading partner - surpassed 2 trillion yuan between January and April, up 13.9 percent on a yearly basis, accounting for 15.7 percent of China's total foreign trade value.

China's imports and exports to the European Union reached 1.8 trillion yuan during the four-month period, up 4.2 percent year-on-year which is 2.2 percentage points higher than the first quarter increase.