China's import and export growth in July reached a new high of 16.6% in the year

　　China News Service, Beijing, August 7 (Reporter Li Xiaoyu) The latest data released by the General Administration of Customs of China on the 7th shows that China's total import and export value in July was 3.81 trillion yuan (RMB, the same below), an increase of 16.6% year-on-year, and the growth rate was 3.81 trillion yuan. It was 2.3 percentage points faster than June, hitting a new monthly high this year.

Among them, exports were 2.25 trillion yuan, a year-on-year increase of 23.9%; imports were 1.56 trillion yuan, an increase of 7.4%.

　　In the first seven months, the total value of China's imports and exports was 23.6 trillion yuan, a year-on-year increase of 10.4%.

Among them, exports increased by 14.7%; imports increased by 5.3%; the trade surplus was 3.14 trillion yuan, an increase of 62.1%.

　　Looking at different countries, ASEAN continued to be China's largest trading partner in the first seven months. The total trade value between China and ASEAN was 3.53 trillion yuan, a year-on-year increase of 13.2%, accounting for 15% of China's total foreign trade value.

The EU is China's second largest trading partner, and the total value of China-EU trade is 3.23 trillion yuan, an increase of 8.9%, accounting for 13.7%.

The United States is China's third largest trading partner, and Sino-US trade increased by 11.8% year-on-year.

　　During the same period, China’s total imports and exports to countries along the “Belt and Road” reached 7.55 trillion yuan, an increase of 19.8%.

　　In terms of products, exports of mechanical and electrical products and labor-intensive products both increased.

In the first seven months, China exported 7.57 trillion yuan of mechanical and electrical products, a year-on-year increase of 10.1%, accounting for 56.6% of the total export value.

Among them, automobile exports surged by 54.4%.

　　In terms of imports, China imported 290 million tons of crude oil in the first seven months, down 4% year-on-year; imported 139 million tons of coal, down 18.2%; imported 62.209 million tons of natural gas, down 9.6%.

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