Skip to Content Facebook Feature Image

China's imports, exports expand steadily in H1

China

Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
Â
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected
      China

      China

      China's imports, exports expand steadily in H1

      2024-07-15 20:17 Last Updated At:20:37

      China's foreign trade, both import and export, maintained steady expansion in the first half of this year, contributing to economic growth, the National Bureau of Statistics (NBS) said Monday.

      In the January-June period, export of automobiles, ships, and integrated circuits increased by 22.2 percent, 91.1 percent, and 25.6 percent year on year, respectively.

      In addition, the import and export of private enterprises increased by 11.2 percent, accounting for 55 percent of the total value of import and export, data from the NBS showed.

      During the same period, net export of goods and services contributed 13.9 percent to economic growth.

      China is actively broadening its circle of friends in global economic and trade cooperation. In the January-June period, China's trade with Belt and Road partner countries increased by 7.2 percent year on year.

      China-Europe freight train trips surpassed 10,000 this year, when a train bound for Duisburg in Germany departed from Wuhan, capital of central China's Hubei Province, on July 10. The mark was passed 19 days earlier than last year. The trains have transported more than 1.08 million twenty-foot equivalent unit (TEU) containers of goods this year, up 11 percent year on year, according to China State Railway Group Co., Ltd.

      "The potential for opening up is being unleashed faster, and the vitality in this regard has continued to improve. In the first half of this year, China's total goods import and export value exceeded 21 trillion yuan (about 2.89 trillion U.S. dollars) for the first time, a record high compared with the same periods of previous years. Import and export growth has showed a gradually increasing trend. The structure of foreign trade has also continuously been optimized, demonstrating the resilience and vitality of the country's foreign trade," said Wang Liwei, associate researcher at the Institute of Economic Research, the Chinese Academy of Macroeconomic Research, under the National Development and Reform Commission.

      China's National Immigration Administration (NIA) said earlier this month that the country had recorded 14.64 million inbound trips made by foreigners in the first half of this year, up 152.7 percent year on year. Among them, 8.54 million entered China visa-free, accounting for 52 percent of the inbound trips and representing a year-on-year surge of 190.1 percent.

      China's imports, exports expand steadily in H1

      China's imports, exports expand steadily in H1

      Next Article

      Six new films set to hit China's big screens on Chinese New Year's Day

      2025-01-23 03:35 Last Updated At:05:17

      The lineup for the 2025 Spring Festival movie season was officially revealed on Wednesday with six highly anticipated films set to hit the big screens in China on the first day of the Spring Festival on January 29.

      The six films -- Creation of the Gods II: Demon Force, Ne Zha 2, Detective Chinatown 1900, Operation Leviathan, Boonie Bears: Future Return, and The Legend of the Condor Heroes: The Great Hero -- span a range of genres and feature impressive creative teams.

      Since pre-sales began on Jan 19, advanced sales for the holiday line-up were the fastest ever to reach 100 million yuan (about 13.8 million U.S. dollars).

      At a launch ceremony for the Spring Festival movie season, held at the China National Film Museum in Beijing, the cast of each film highlighted the unique selling points of their movie.

      "The viewers will not only uncover the hidden points of plot from the first installment of Creation of the Gods, but also get a real sense of the characters and their evolving relationships through a brand new theme," said Wuershan, director of the movie Creation of the Gods II: Demon Force.

      Adapted from the classic Chinese martial arts novel by Jin Yong, The Legend of the Condor Heroes: The Great Hero captures the essence of Chinese chivalry with its portrayal of selfless heroism.

      described it as a story with stirring heroism.

      "The soul-stirring and awe-inspiring heroic spirit conveyed by the film will be touching, memorable and romantic as well," said Tsui Hark, who directed the film.

      The animated film Ne Zha 2 continues the adventures of hero Ne Zha -- a beloved Chinese mythological figure -- with a focus on comedy and spectacular visual effects.

      Retaining its signature style, the popular detective series Detective Chinatown 1900 promises twists and turns with big production values and glittering special effects.

      As China's first film about nuclear submarines, Operation Leviathan presents a broader underwater battlefield and more complex combat scenarios, offering a unique perspective on naval warfare.

      The Great Hero -- the last chapter of the "Boonie Bears" sci-fi series -- combines extreme romance and bold imagination to take viewers on a futuristic adventure.

      Different discount and subsidy policies for moviegoers during the Spring Festival were also announced at the launch event with local film authorities across the country organizing special events and promotions to encourage cinema visits.

      Supporting institutions, including the Industrial and Commercial Bank of China, China UnionPay, Maoyan Entertainment, and Taopiaopia, are expected to provide at least 600 million yuan (about 83 million U.S. dollars) in subsidies for moviegoers during the holiday season.

      Six new films set to hit China's big screens on Chinese New Year's Day

      Six new films set to hit China's big screens on Chinese New Year's Day

      Recommended Articles
      Hot · Posts