China issues guideline to improve financial services for foreign trade

Updated: December 27, 2019 Source: Belt and Road Portal
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China's international goods and services trade income amounted to 1.65 trillion yuan (about 235.3 billion U.S. dollars) in November while its expenditures stood at 1.49 trillion yuan, official data showed Thursday.

The country saw a surplus of 160.4 billion yuan in international goods and services trade last month, according to data from the State Administration of Foreign Exchange (SAFE).

In breakdown, China's goods trade income stood at 1.51 trillion yuan in November with an expenditure of 1.22 trillion yuan, leading to a 289.3-billion-yuan surplus, the SAFE data showed.

Meanwhile, services trade saw a 128.9-billion-yuan deficit, as services income and expenditure stood at 139.3 billion yuan and 268.2 billion yuan, respectively.

Editor: 王沥慷