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China's Foreign Trade Rises 17.6% in Early Months
China's foreign trade experienced strong growth in the first eight months of 2026, with an overall increase of 17.6% compared to the same period last year, reaching 34.78 trillion yuan (approximately $5.13 trillion). The export volume rose by 14.6%, amounting to 20.17 trillion yuan, while imports increased by 22%, reaching 14.61 trillion yuan. In August alone, the value of commodity trade was 4.65 trillion yuan, with a monthly growth of 19.8%. Both exports and imports continued their double-digit growth for the fourth consecutive month, with import growth surpassing that of exports for the sixth month in a row.
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