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China’s goods, services trade income totals 1.57t yuan in May

Updated: Jun 27,2019 7:03 PM     Xinhua

BEIJING — China’s international goods and services trade income amounted to 1.57 trillion yuan (about $228.58 billion) while its expenditures stood at 1.38 trillion yuan, official data showed on June 27.

The country saw a surplus of 183.4 billion yuan in international goods and services trade in May, the State Administration of Foreign Exchange (SAFE) said in a statement.

In breakdown, China’s goods trade gained 1.43 trillion yuan in May with an expenditure of 1.10 trillion yuan, leading to a 334.6 billion yuan surplus, the SAFE data showed.

Meanwhile, services trade saw a 151.2 billion yuan deficit in May, as the income and expenditure stood at 135.7 billion yuan and 286.9 billion yuan, respectively.