According to the General Administration of Customs, the total volume of foreign trade during said period amounted to 2.94 billion dollars, with a rise of 13.2 points in exports and an increase of 4.8 points in imports.

In June the sector rose by 14.3 percent, which continued the upward trend evidenced by the expansion of 9.5% in May and ratified a strong recovery.

China began to ease the lockdown in May, restarted production at a fast pace and normalized international cargo transportation in Shanghai, its financial heart and a major global hub for trading goods.

As a whole, the Government put into force multiple measures aimed at stabilizing, reviving and providing the economy with resilience in the face of the uncertainties generated by the outbreaks of Covid-19 and the Russia-Ukraine conflict.

According to some experts, it is very possible that the authorities will proceed with further provisions aiming at catapulting foreign trade during the rest of 2022.

China is considering a 5.5 percent rise in Gross Domestic Product (GDP) this year, one of the lowest goals in the last decade but in line with the country’s recovery and its plans to guarantee economic stability in the face of internal and external challenges.

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