Beijing's foreign trade reaches 1.15 trillion yuan in first 5 months

BEIJING (Xinhua): Beijing saw its foreign trade total 1.15 trillion yuan (about US$177.9bil) in the first five months of this year, customs data showed.

The figure marks an increase of 21.8 per cent over the same period last year, according to Beijing Customs.

In the first five months of this year, Beijing's imports surged 24.6 per cent to 920.15 billion yuan, while exports reached 234.63 billion yuan, up 12.2 per cent year on year.

Over the period, crude oil, automobiles and agricultural products were the main commodities driving import growth, and the total import value of the three commodities increased by 13 percent, 74.8 per cent and 62.2 per cent, respectively.

Exports of medical items and medicines stood at 29.46 billion yuan, a year-on-year increase of more than 10 times. Mobile phone exports totalled 35.59 billion yuan, up 89 per cent and the export of integrated circuits reached 6.81 billion yuan, an increase of 20.6 percent year on year.

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