Hey there, future world explorers! π Did you know that China’s trade just got a big boost? In April, China’s total imports and exports grew by 5.6% compared to last year! That’s like getting 5.6% more candies than before! π¬
What’s Trade?
Trade is when countries buy and sell goods to each other. Imports are things a country buys from other countries, and exports are things it sells to others. It’s like swapping toys with your friends! π§ΈβοΈπ
China’s Exports Zoom Up!
In April, China’s exports went up by 9.3%, reaching 2.27 trillion yuan (about 314 billion US dollars)! That’s a lot of goodies sent to people around the world! ππ
Imports Slightly Up Too!
China’s imports also grew a bit, increasing by 0.8% to 1.57 trillion yuan. This means they’re buying more cool stuff from other countries too! ποΈ
First Four Months of 2023
From January to April, China’s total trade was 14.14 trillion yuan, up by 2.4%. Exports rose 7.5% to 8.39 trillion yuan, while imports were 5.75 trillion yuan, a small drop of 4.2%. π
Why Does This Matter?
When countries trade more, it can be good for the global economy. It means more jobs, more products, and more connections between people around the world! π€
Isn’t it fascinating how countries work together? Maybe one day, you’ll be part of this big trading world! π
Reference(s):
cgtn.com