Guess who's breaking records again? Yep, China! 🇨🇳 In the first half of 2024, China's imports and exports of goods skyrocketed to an incredible 21.17 trillion yuan (that's $2.9 trillion!). That's a 6.1% jump from last year and the first time ever the number has crossed the 21 trillion yuan mark for this period. Talk about making history! 🏆
So, what's the secret sauce behind this trade triumph? Let's unpack it:
1. Monthly Trade Volume Stays on Cloud Nine ☁️
Since the dawn of 2024, China's monthly trade volumes have been nothing short of stellar. Starting in March, each month clocked in over a massive 3.5 trillion yuan. But May took things to a whole new level with a mind-blowing 4.06 trillion yuan! That's way above the monthly averages from 2021 to 2023. 🚀
2. Export Scale Breaks All the Records 📦✨
Not only did the trade scale smash records, but the growth rate of imports and exports also ramped up each quarter. The second quarter saw a 7.4% rise, which is 2.5 percentage points higher than the first quarter and 5.7 points more than the last quarter of 2023. Momentum much? 🎢
China's foreign trade is shining brighter than ever, showing off its resilience and vitality. It’s like watching a blockbuster sequel that just keeps getting better! 🍿🎬 With such strong performance, it's clear China's trade is leveling up in a big way. Stay tuned, folks—this is just the beginning! 😎🌟
Reference(s):
China's H1 foreign trade data shows improved quality & quantity
cgtn.com
