jrpacman|Value of China's int'l trade in goods, services up 7 pct in May
BEIJINGjrpacman, June 28 (Xinhua) -- The value of China's international trade in goods and services reached a total of 4.06 trillion yuan in May 2024, increasing by 7 percent year on year, official data showed on Friday.
In U.S. dollar terms, export and import values of the country's international trade in goods and services amounted to 302.5 billion U.S. dollars and 268.9 billion U.S. dollars, respectively, recording a surplus of 33.6 billion U.S. dollars, the State Administration of Foreign Exchange said.
The export value of goods reached 1.95 trillion yuan while the import value of goods totaled 1.56 trillion yuan, resulting in a surplus of 391.4 billion yuan.
The export value of services trade amounted to 202.4 billion yuan and services trade import value stood at 355.1 billion yuan, producing a deficit of 152.7 billion yuan.
Tourism was the biggest contributor to services trade, with its trade value totaling 159.7 billion yuan, and it was followed by transport and other commercial services, according to the administration.■
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