Xinhua Headlines: China's foreign trade rebounds amid stronger economic recovery momentum(1)

* China's foreign trade rebounded in May, a sign of overall recovery as the government's policy package to stabilize the economy while containing COVID-19 resurgences started to pay off.

 

* The country's total imports and exports went up 9.6 percent year on year to 3.45 trillion yuan last month on top of April's 0.1-percent expansion, official data showed Thursday.

 

* The foundation has been consolidated for stabilizing and improving the quality of foreign trade this year, said Li Kuiwen, an official with the  General Administration of Customs, who expected the momentum to sustain as support measures take further effect.

 

BEIJING, June 9 (Xinhua) -- China's foreign trade rebounded in May, a sign of overall recovery as the government's policy package to stabilize the economy while containing COVID-19 resurgences started to pay off.

The country's total imports and exports went up 9.6 percent year on year to 3.45 trillion yuan last month on top of April's 0.1-percent expansion, official data showed Thursday.

 

In the first five months of 2022, the country's foreign trade volume gained 8.3 percent year on year to 16.04 trillion yuan, outpacing the 7.9-percent growth in the January-April period, according to the General Administration of Customs (GAC).

In U.S. dollar terms, total foreign trade came in at 2.51 trillion U.S. dollars in the five-month period, up 10.3 percent year on year.