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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man carries a sack of rice at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vendor prepares vegetables at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vendor prepares vegetables at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Customers shop at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Hong Kong's value of total export up 11.9 pct in April

STORY: Hong Kong's value of total export up 11.9 pct in April SHOOTING TIME: File DATELINE: May 28, 2024 LENGTH: 00:00:45 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of ports in Hong Kong STORYLINE: The Census and Statistics Department of the Hong Kong Special Administrative Region (HKSAR) government announced on Monday that in April 2024, the values of Hong Kong's total exports and imports of goods both recorded year-on-year increases, at 11.9 percent and 3.7 percent respectively. In April, the value of total exports of goods was 378.7 billion HK dollars (about 48.5 billion U.S. dollars), and the value of imports of goods was 388.9 billion HK dollars. A visible trade deficit of 10.2 billion HK dollars, equivalent to 2.6 percent of the value of imports of goods, was recorded. A spokesman for the HKSAR government said that the value of merchandise exports grew notably in April 2024 over a year earlier. Looking ahead, Hong Kong's export performance should improve further if externa

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Japan logs trade deficit of 38 bln USD in fiscal 2023

STORY: Japan logs trade deficit of 38 bln USD in fiscal 2023 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:55 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: Japan's trade deficit in fiscal 2023 shrank around 70 percent from a year earlier to 5.89 trillion yen (about 38 billion U.S. dollars), government data showed Wednesday. In the fiscal year ended March, exports expanded 3.7 percent to 102.90 trillion yen, topping 100 trillion yen for the first time and marking a record high for the third straight year, according to a preliminary Finance Ministry report. Automobile exports, which account for about 17 percent of Japan's total, grew 30.2 percent to 17.88 trillion yen, eclipsing the previous record of 14.67 trillion yen in fiscal 2007. In contrast, imports dived 10.3 percent to 108.79 trillion yen, falling for the first time in three years, chiefly reflecting falls in imports of coal and liquefied natural gas. With a weaker yen inflati

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Italy's cabinet lowers 2024 growth forecast

STORY: Italy's cabinet lowers 2024 growth forecast SHOOTING TIME: April 10, 2024 DATELINE: April 11, 2024 LENGTH: 0:00:45 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Rome STORYLINE: Italy's cabinet on Tuesday approved the Economic and Financial Document (DEF), lowering the economic forecast for 2024 to 1 percent from the 1.2 percent forecast last September. The DEF is the official paper that set Italy's economic and financial goals for the next three years. Growth estimates for 2025 were also lowered to 1.2 percent from 1.3 percent, and that for 2026 to 1.1 percent from 1.2 percent. The government's new growth forecast remained higher than predictions made earlier this year by the European Union (EU), which expected Italy to grow by 0.7 percent in 2024, and by 1.2 percent in 2025. The government confirmed a budget deficit target of 4.3 percent of gross domestic product (GDP) for 2024, 3.7 percent for 2025 and 3 percent for 2026. The DEF set the public debt t

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Australian workers' productivity falls 3.7 percent

STORY: Australian workers' productivity falls 3.7 percent SHOOTING TIME: March 1, 2024 DATELINE: March 2, 2024 LENGTH: 00:01:22 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of Australian construction worker 2. various of Australian factory worker STORYLINE: The productivity of Australian workers fell sharply in 2022-23, a government report has found. The federal government's principal review and advisory body, the Productivity Commission, has published its annual productivity bulletin, revealing that labor productivity fell 3.7 percent in the 12 months to the end of June 2023. By comparison, the long-term average annual growth rate for Australian productivity was 1.3 percent. The report attributed the fall in the cited period to a record-high 6.9 percent increase in the number of hours worked by Australians in the same period. "We now have a clearer understanding of what's behind Australia's productivity slump. Sharp increases in working hours have seen productivity decline, bu

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Italy's inflation remains low despite lifting of price controls

STORY: Italy's inflation remains low despite lifting of price controls SHOOTING TIME: Feb. 2, 2024 DATELINE: Feb. 3, 2024 LENGTH: 00:00:37 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of markets in Rome 2. various of gas stations in Rome STORYLINE: Italy's annual inflation rate rose to 0.8 percent in January, up from 0.6 percent in December, according to Italy's National Statistics Institute (ISTAT) on Thursday. The relatively low inflation rate in January is significant given that the month is the first since the price controls in Italy's "anti-inflation quarter" expired. The initiative artificially reduced consumer prices on a basket of basic necessities over the final three months of 2023. The government reserved the right to continue the terms of the "anti-inflation quarter" into this year but it chose not to do so. ISTAT said the main factors pushing prices in the country higher in January were transportation-related services which climbed by 4.3 percent compared to 3.7 percent in Dec

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U.S. employers add 216,000 jobs in December amid slowing job growth

STORY: U.S. employers add 216,000 jobs in December amid slowing job growth SHOOTING TIME: File DATELINE: Jan. 6, 2024 LENGTH: 00:01:56 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the exterior of the U.S. Labor Department (Nov.4, 2023) 2. various of the Golden Gate Bridge (Nov. 11, 2023) 3. various of Washington D.C. (Dec. 18, 2023) STORYLINE: U.S. employers added 216,000 jobs in December amid slowing job growth, with the unemployment rate unchanged at 3.7 percent, the U.S. Labor Department reported Friday. The report noted that employment continued to trend up in government, health care, social assistance and construction, while transportation and warehousing lost jobs. The job growth in total nonfarm payroll employment for October was revised down by 45,000 to 105,000, and the change for November was revised down by 26,000 to 173,000. On a monthly average, payroll employment rose by 225,000 in 2023, much less than a gain of 399,000 in 2022, indicating a cooling job market amid h

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U.S. jobless claims rise to 218,000 last week amid cooling labor market

STORY: U.S. jobless claims rise to 218,000 last week amid cooling labor market SHOOTING TIME: Earlier footage DATELINE: Dec. 29, 2023 LENGTH: 00:01:10 LOCATION: Washington D.C. CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of U.S. Department of Labor 2. various of views in Washington D.C. STORYLINE: Initial jobless claims in the United States rose to 218,000 last week amid cooling labor market, after dropping in the previous two weeks, the U.S. Labor Department reported on Thursday. In the week ending Dec. 23, the number of Americans filing for unemployment benefits increased by 12,000 from the previous week's revised level, according to a report released by the department's Bureau of Labor Statistics. The four-week moving average for initial jobless claims, a method to iron out data volatility, decreased by 250 to 212,000, the report showed. U.S. employers added 199,000 jobs in November amid slowing job growth, with the unemployment rate edging down to 3.7 percent, the U.S. Labor Department reported e

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Australians "fed up" with poor domestic airline performance: minister

STORY: Australians "fed up" with poor domestic airline performance: minister SHOOTING TIME: Dec. 23, 2023 DATELINE: Dec. 24, 2023 LENGTH: 00:00:57 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of a Qantas flight taking off 2. various of an airplane arriving at the airport 3. various of a baggage conveyor belt with suitcases STORYLINE: Australia's Transport Minister Catherine King has criticized the country's domestic airlines for their worst performance in over a year. King on Thursday released a report for airlines, revealing an average on-time arrivals figure of 64.1 percent in November. It marked a significant fall from the long-term average of 81.1 percent and the lowest monthly figure in 2023. Cancellations were at 3.7 percent in November, up from the long-term average of 2.2 percent, and 65.9 percent of flights departed on time compared to a long-term average of 82.3 percent. "Given these very disappointing results, it is no wonder that so many Australians remain fed up with our major

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Australian unemployment falls to 3.6 pct in September

STORY: Australian unemployment falls to 3.6 pct in September DATELINE: Oct. 21, 2023 LENGTH: 00:00:38 LOCATION: Canberra CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. Computer screen displaying unemployment rate data 2. Treasurer Jim Chalmers speaking about the unemployment rate on television 3. Morning rush hour crowd on their way to work 4. Australian government job assistance booths 5. Australian outdoor labor workforce scenes STORYLINE: Australia's unemployment fell from 3.7 percent to 3.6 percent in September, data has revealed. According to monthly labor force data published by the Australian Bureau of Statistics (ABS) on Thursday, the Australian economy added 6,700 jobs between August and September. Responding to the data, Treasurer Jim Chalmers said that it takes the total number of jobs created since the governing Labor Party won power in May 2022 to 561,500. "This is the most jobs created in the first term of any government on record, and we're only halfway through the term," he told reporters in Can

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U.S. CPI rises 3.7 pct in September with core CPI accelerating

STORY: U.S. CPI rises 3.7 pct in September with core CPI accelerating DATELINE: Oct. 13, 2023 LENGTH: 00:01:38 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of U.S. Department of Labor 2. various of Arlington, the U.S. state of Virginia 3. various of San Francisco, the U.S. state of California STORYLINE: The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. The Consumer Price Index (CPI) ticked up 0.4 percent in September on a seasonally adjusted basis after increasing 0.6 percent in August, according to the department's Bureau of Labor Statistics. The index for shelter was the largest contributor to the monthly all items increase, accounting for over half of the increase, the report noted. An increase in the gasoline index was also a major contributor to the all items monthly rise. The latest inflation report showed th

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- A customer shops at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-AUGUST

(230914) -- FOSTER CITY, Sept. 14, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, Sept. 13, 2023. The U.S. Department of Labor reported Wednesday that U.S. consumer price index (CPI), a key gauge of inflation, rose 0.6 percent in August, its biggest monthly gain in 2023; and 3.7 percent from a year ago. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-AUGUST

(230914) -- FOSTER CITY, Sept. 14, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, Sept. 13, 2023. The U.S. Department of Labor reported Wednesday that U.S. consumer price index (CPI), a key gauge of inflation, rose 0.6 percent in August, its biggest monthly gain in 2023; and 3.7 percent from a year ago. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-AUGUST

(230914) -- FOSTER CITY, Sept. 14, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, Sept. 13, 2023. The U.S. Department of Labor reported Wednesday that U.S. consumer price index (CPI), a key gauge of inflation, rose 0.6 percent in August, its biggest monthly gain in 2023; and 3.7 percent from a year ago. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-AUGUST

(230914) -- FOSTER CITY, Sept. 14, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, Sept. 13, 2023. The U.S. Department of Labor reported Wednesday that U.S. consumer price index (CPI), a key gauge of inflation, rose 0.6 percent in August, its biggest monthly gain in 2023; and 3.7 percent from a year ago. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-AUGUST

(230914) -- FOSTER CITY, Sept. 14, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, Sept. 13, 2023. The U.S. Department of Labor reported Wednesday that U.S. consumer price index (CPI), a key gauge of inflation, rose 0.6 percent in August, its biggest monthly gain in 2023; and 3.7 percent from a year ago. (Photo by Li Jianguo/Xinhua)

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India's factory output hits three-month low at 3.7% in June

STORY: India's factory output hits three-month low at 3.7% in June DATELINE: Aug. 13, 2023 LENGTH: 00:01:15 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of manufacturing activities 3. various of packaging STORYLINE: Factory output in India has faced a notable slowdown, reaching a three-month low of 3.7 percent in June. This decline is mainly attributed to slower growth in manufacturing and an impact from a high-base effect, according to data released by the National Statistical Office (NSO) on Friday. The manufacturing sector, which holds a significant weight of 77.6 percent in the Index of Industrial Production (IIP), experienced a mere 3.1 percent growth in June. This is a substantial drop from the 12.9 percent growth witnessed in the same period last year, as well as a decrease from the 5.8 percent growth seen in May. As per the IIP data, 14 out of the 23 sectors in manufacturing experienced a contraction in June. Notably, sectors such as food, textiles, and elec

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China's GDP expands 5.5 pct in H1

STORY: China's GDP expands 5.5 pct in H1 DATELINE: July 17, 2023 LENGTH: 00:00:51 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Chinese): FU LINGHUI, Spokesperson of National Bureau of Statistics STORYLINE: China's gross domestic product (GDP) grew 5.5 percent year on year in the first half (H1) of 2023, data from the National Bureau of Statistics (NBS) showed Monday. SOUNDBITE (Chinese): FU LINGHUI, Spokesperson of National Bureau of Statistics "GDP in the first half of this year reached 59.3034 trillion yuan (about 8.3 trillion U.S. dollars), up 5.5 percent year on year calculated at the constant price, or one percentage point faster than Q1. By industry, the value added of the primary industry was 3.0416 trillion yuan, up by 3.7 percent year on year, the secondary industry was 23.0682 trillion yuan, up by 4.3 percent, and the tertiary industry was 33.1937 trillion yuan, up by 6.4 percent. By quarter, GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second q

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China's foreign trade in goods up 2.1 pct in H1

STORY: China's foreign trade in goods up 2.1 pct in H1 DATELINE: July 13, 2023 LENGTH: 00:01:35 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. SOUNDBITE (Chinese): LYU DALIANG, Director of statistics and analysis department of General Administration of Customs STORYLINE: China's customs data showed Thursday that the country's total goods imports and exports expanded 2.1 percent year on year in yuan terms in the first half of 2023. According to the General Administration of Customs, China saw goods imports and exports exceeding 20 trillion yuan (about 2.8 trillion U.S. dollars) for the first time in the January-June period. SOUNDBITE (Chinese): LYU DALIANG, Director of statistics and analysis department of General Administration of Customs "According to the General Administration of Customs, in the first half of this year, China's foreign trade in goods totaled 20.1 trillion yuan, up 2.1 percent year on year. Exports grew 3.7 percent year on year to 11.46 trillion yua

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

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China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.

E

China Total Import And Export Value of Goods Trade Growth

A general view of loading and unloading operations at a container terminal in Lianyungang city, Jiangsu province, China, July 13, 2023. According to customs statistics on the same day, in the first half of this year, the total value of China's import and export of goods was 20.1 trillion yuan, up 2.1% year-on-year, of which the export was 11.46 trillion yuan, up 3.7% year-on-year; Imports were 8.64 trillion yuan, down 0.1 percent year-on-year.