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China’s March exports surge 23.4% y-o-y, ‘a pleasant surprise’ - Printable Version

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China’s March exports surge 23.4% y-o-y, ‘a pleasant surprise’ - superadmin - 04-14-2023

[Image: f866a9fc-94ba-4622-b218-09c010372247.jpeg]

China's export volume grew by 23.4 percent year-on-year in yuan-denominated terms in March, which is seen by analysts as a "very pleasant surprise" amid the current complex and volatile international business environment, and underscores the resilience of the Chinese economy.

They said China will become a locomotive for global economy to return to development track from negative impacts of COVID-19, US-led unilateralism and protectionism as well as other risks, dealing a heavy blow to certain Western countries' decoupling push.

China's export volume in March stood at 2.15 trillion yuan ($312.85 billion), up 23.4 percent from the previous year, while soaring 48.4 percent month-on-month, according to data released by the General Administration of Customs (GAC) on Thursday.

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