The General Administration of Customs released data on the 7th: In the first seven months of 2024, the total import and export value of mainland trade in goods was 24.83 trillion yuan, a year-on-year increase of 6.2%. Among them, the import and export in July was 3.68 trillion yuan, a year-on-year increase of 6.5%, and the monthly growth rate remained above 5% for four consecutive months.
Lu Daliang, director of the Department of Statistics and Analysis of the General Administration of Customs, said that since the beginning of this year, the mainland's economic operation has been generally stable and progressive, and foreign trade has maintained a steady and positive trend. In the first seven months, the scale of imports and exports in the mainland hit a record high in the same period in history, and the imports and exports in July increased year-on-year and month-on-month.
Specifically, exports have achieved steady growth. In the first seven months, mainland exports were 14.26 trillion yuan, a year-on-year increase of 6.7%. The scale of imports has increased steadily. In the first seven months, the mainland imported 10.57 trillion yuan, a year-on-year increase of 5.4%.
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Design: Miao Yixing