China's export growth rate rebounded to 7.2% in August

Abstract Recently, the General Administration of Customs released relevant data showing that China’s foreign trade exports increased by 7.2% year-on-year in August, and the growth rate rebounded by 2.1 percentage points from the previous month. Among them, the proportion of general trade increased significantly. In August, China’s general trade import and export was 192.3 billion US dollars, an increase of 12.3...
Recently, the General Administration of Customs released relevant data showing that China's foreign trade exports in August increased by 7.2% year-on-year, and the growth rate rebounded by 2.1 percentage points from the previous month; among them, the proportion of general trade increased significantly.

In August, China’s general trade import and export reached 192.3 billion US dollars, up 12.3%, accounting for 54.5% of the total foreign trade value, up 2.5 percentage points over the same period of last year; import and export of processing trade was 114.37 billion US dollars, up 1.7%, accounting for 32.4 of the total foreign trade value. %.

Analysts believe that in July, China's foreign trade import and export growth rate both turned negative from positive, and August data showed that foreign trade continued to moderately warm. Although the export growth in the third quarter is expected to rebound sharply from May and June, the fourth quarter is likely to fall back.

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