China’s General Administration of Customs indicates that the value of China’s imports and exports in goods in the first four months reached 9.07 trillion yuan ($1.28 trillion), a decline of 4.9 percent year-on-year, narrowing the growth rate of the first quarter by 1.5 percent.
The value of exports from China dropped by 6.4 percent to 4.74 trillion yuan while imports shrunk by 3.2 percent to 4.33 trillion yuan.
However, China’s exports in April amounted to 1.41 trillion yuan, an increase of 8.2 percent year-on-year, turning the negative growth positive.
The positive export growth in April was probably largely due to the efforts of private enterprises.
