China News Service, Beijing, December 12 (Reporter Li Xiaoyu) The latest data released by the General Administration of Customs of China on the 7th showed that China's imports and exports in November were 7.11 trillion yuan (RMB, the same below), a year-on-year increase of 3.7%, and the growth rate was 1.2 percentage points larger than that in October. Among them, exports increased by 10.0% year-on-year, and imports increased by 3.1% year-on-year.
In the first 11 months, the total value of China's imports and exports was 37.96 trillion yuan, unchanged from the same period last year. Among them, exports were 21.6 trillion yuan, a year-on-year increase of 0.3%; imports were 16.36 trillion yuan, down 0.5% year-on-year; The trade surplus was 5.24 trillion yuan, an increase of 2.8% year-on-year.
In terms of sub-regions, trade between China and ASEAN continued to grow. In the first 11 months, ASEAN remained China's largest trading partner, with a total trade value of 5.8 trillion yuan, up 0.1% year-on-year. The EU is China's second largest trading partner, and the total value of China-EU trade fell by 2.2% year-on-year, of which China's imports from the EU increased by 5% year-on-year. The total trade value between China and the United States and China and Japan decreased by 6.9% and 6.2% respectively year-on-year.
During the same period, China's total imports and exports to the Belt and Road countries reached 17.65 trillion yuan, a year-on-year increase of 2.6%.
In terms of products, China's automobile exports in the first 11 months were 6529.2 billion yuan, a year-on-year increase of 79.6%; The export of mobile phones was 8852.5 billion yuan, a year-on-year increase of 3.3%.
In terms of imports, China's coal imports in the first 11 months were 4 million tons, an increase of 27.62% year-on-year, and refined oil imports were 8.4322 million tons, an increase of 5.86% year-on-year. (ENDS)