The trade volume was 20.2% higher than the same period of last year, ministry sources said. The exports amounted to $125.8 billion (€94.4 billion), up 24.3% year-on-year, and the imports, $106.7 billion (€80.1 billion), up 15.8%. The exports made up 28.4% of China’s total export volume for the five-month period, while the imports accounted for 29.8% of the nation’s total import volume.

In a related development, China’s foreign trade in machinery and electronics increased by 21.7% year-on-year to $438.2 billion (€329 billion) in the first five months, or 54.7% of the country’s total external trade volume for the period. Machinery and electronics exports stood at $254 billion (€190.7 billion), up 27.5%, and imports at $184.2 billion (€1338.3 billion), up 14.6%. (english.people.com.cn)