China’s foreign trade of goods up 8.6 pct in Jan-Nov

BEIJING, Dec. 7 (Xinhua) -- China’s foreign trade of goods expanded 8.6 percent year on year to 38.34 trillion yuan (about 5.78 trillion U.S. dollars) during the first 11 months of the year, official data showed Wednesday.

Exports rose 11.9 percent year on year to 21.84 trillion yuan, while imports increased 4.6 percent from a year ago to 16.5 trillion yuan, according to the General Administration of Customs.

From January to November, China’s trade with the Association of Southeast Asian Nations, the European Union, and the United States grew 15.5 percent, 7 percent and 4.8 percent, respectively.

In this period, China’s trade with countries along the Belt and Road soared 20.4 percent year on year to 12.54 trillion yuan.

Private enterprises saw imports and exports increase 13.6 percent from a year ago to 19.41 trillion yuan in the first 11 months, accounting for 50.6 percent of the country’s total.