China's annual foreign trade value hit record high again in 2022, as the country works to better coordinate epidemic response with economic and social development amid complex and severe domestic and international situations, official data showed Friday.
Total goods trade reached 42.07 trillion yuan, up 7.7 percent year on year, topping the world for six consecutive years, according to the General Administration of Customs (GAC). The figure exceeded 40 trillion yuan for the first time, said the GAC.
In U.S. dollar terms, the trade value increased 4.4 percent over the previous year to 6.31 trillion dollars, GAC data showed.
Exports rose 10.5 percent to 23.97 trillion yuan, and imports went up 4.3 percent to 18.1 trillion yuan.
China's foreign trade delivered breakthroughs in scale, quality, and efficiency last year, which is a hard-won feat considering headwinds in demand, supply, and expectations, GAC spokesperson Lyu Daliang said.
In 2022, China rolled out policies dynamically to bolster growth, including that of foreign trade.
The package of policies and their follow-up measures to shore up economic recovery have paid off, unleashing the vitality of trade entities, said Lyu.
