Zhejiang’s May foreign trade sets record high
2017-06-16 Source:Hangzhou China

Zhejiang’s exports and imported totaled CNY 235.61 billion in May, up 20% YoY. Exports rose 16.7% YoY to CNY 184.28 billion. Imports rose 33.1% YoY to CNY 51.33 billion. The monthly foreign trade number and monthly exports both set record highs.

What is worth noting is that Zhejiang’s exports to the US, South Korea and countries involved in the “Belt & Road” initiative continued their rapid growth. Exports to the US and South Korea in the first five months of this year rose 17.3% YoY and 23.1% YoY, to CNY 139.19 billion and CNY 19.16 billion, respectively. Exports to countries involved in the “Belt & Road” initiative rose 12.7% YoY to CNY 248.41 billion.

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