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| Beijing’s foreign trade exceeds $104 BILLION in the first three months of 2021 | Beijing’s foreign trade exceeds $104 BILLION in the first three months of 2021 |
| (about 2 months later) | |
| Customs data released on Monday showed that the Chinese capital Beijing saw an 8.75% year-on-year increase in its foreign trade in the first quarter, with the volume totaling 677.37 billion yuan ($104.45 billion). | Customs data released on Monday showed that the Chinese capital Beijing saw an 8.75% year-on-year increase in its foreign trade in the first quarter, with the volume totaling 677.37 billion yuan ($104.45 billion). |
| According to the statistics, the city’s imports jumped 9% compared with the same period last year to 548.36 billion yuan (over $84 billion). Meanwhile, exports grew to approximately 129 billion yuan ($20 billion), up 7.2% over the same period. | According to the statistics, the city’s imports jumped 9% compared with the same period last year to 548.36 billion yuan (over $84 billion). Meanwhile, exports grew to approximately 129 billion yuan ($20 billion), up 7.2% over the same period. |
| Imports of agricultural products topped 56 billion yuan ($8.6 billion), up 86.1% on a yearly basis. Iron ore and copper concentrate imports were also very strong. | Imports of agricultural products topped 56 billion yuan ($8.6 billion), up 86.1% on a yearly basis. Iron ore and copper concentrate imports were also very strong. |
| Exports of cellphones skyrocketed to over 19.5 billion yuan ($3 billion), registering a 92% year-on-year increase. Supplies of automobile parts also posted robust growth. | Exports of cellphones skyrocketed to over 19.5 billion yuan ($3 billion), registering a 92% year-on-year increase. Supplies of automobile parts also posted robust growth. |
| Beijing’s five major trading partners were the European Union, the United States, the Association of Southeast Asian Nations, Australia, and Saudi Arabia, data showed. | Beijing’s five major trading partners were the European Union, the United States, the Association of Southeast Asian Nations, Australia, and Saudi Arabia, data showed. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |