China's total exports and imports from January to July reached a record high of 24.83 trillion yen - Chinese media

The General Administration of Customs of China announced that the total value of goods trade between January and July this year reached 24.83 trillion former (about 507 trillion yen). China's foreign trade remained stable and strong.
According to the published data, the total value of goods trade from January to July increased 6.2% year-on-year to 24.83 trillion yen. Of this, exports increased 6.7% year-on-year to 14.26 trillion yen.
The total amount of exports and imports for July alone was 3.68 trillion former (about 75 trillion yen), down 6.5% year-on-year.
Of this, exports increased by 6.5% year-on-year to 2.14 trillion former (approximately 44 trillion yen), and imports increased by 6.6% year-on-year to 1.54 trillion former (approximately 31.5 trillion yen).
"Since the beginning of this year, China's economic situation has been generally stable. As a result, the country's foreign trade has also been stable," said Lu Daliang, director of the Statistics and Analysis Department of the General Administration of Customs.
"The value of exports and imports from January to July this year was the highest ever recorded for the same period. In addition, China's total export and import value of goods has maintained an increase rate of more than 5% for four consecutive months.
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