The Limited Times

Now you can see non-English news...

China's foreign exchange reserves more than 3 trillion dollars at the end of last month

2021-11-07T08:55:24.323Z


Beijing, SANA- China’s foreign exchange reserves rose to 3.2176 trillion US dollars as of the end of October.


Beijing-Sana

China's foreign exchange reserves rose to 3.2176 trillion US dollars by the end of last October.

And the Chinese news agency Xinhua quoted the National Foreign Exchange Authority as saying that the volume of reserves rose by 0.53 percent compared to the end of September, with an increase of 17 billion US dollars, according to official data today.

The results of official data issued by the General Authority of Customs today also showed an expansion of China's total imports and exports by 22.2 percent on an annual basis to 4.89 US dollars during the first ten months of this year, an increase of 23.4 percent over the same period in 2019 before the Corona pandemic.

Both exports and imports continued to record double-digit growth in the first ten months of this year, registering an increase of 22.5 percent and 21.8 percent, respectively, compared to last year. It was last September, according to the data.

In addition, data issued by the Ministry of Industry and Information Technology showed that during the first nine months of this year, the revenues of China's home appliance industry recorded about 1.25 trillion yuan, equivalent to about 195.34 billion US dollars, an increase of 20.3 percent year on year, and total profits reached 82.22 billion yuan, a decrease of 1.8 percent on an annual basis.

Source: sena

All business articles on 2021-11-07

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.