Beijing-Sana
China recorded a trade surplus of more than $315 billion last year.
The China National Foreign Exchange Authority said in a report: "China recorded a trade account surplus of $315.7 billion during 2021, which represents 1.8 percent of GDP last year, while trade in goods recorded a surplus of $554.5 billion during the same year. An increase of 8% over the year 2020.
The report pointed out that the volume of exports and imports maintained steady growth, while China maintained a basic balance in international payments over the past year, with a reasonable level of current account surplus.
The report indicated that the services trade witnessed a deficit of 97.7 billion dollars in 2021, a decrease of 33 percent on an annual basis, while the deficit in the travel sector decreased by 15 percent to reach 99.3 billion dollars, due to the continuing effects of the Covid-19 pandemic on cross-border tourism and study abroad.
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