State Administration of Foreign Exchange: In January, China's international balance of goods and services trade import and export amounted to 42.344 trillion yuan, an increase of 23% year-on-year.

On February 29, the State Administration of Foreign Exchange announced the data on China's international balance of payments for goods and services trade in January 2024. The data shows that in January 2024, China's international balance of payments for goods and services trade had a total import and export scale of 4234.4 billion yuan, an increase of 23% year-on-year. Among them, the export of goods trade was 2022.4 billion yuan, imports were 1609.4 billion yuan, with a surplus of 413 billion yuan; the export of service trade was 217.8 billion yuan, imports were 384.8 billion yuan, with a deficit of 167.1 billion yuan. The main items of service trade were: travel services with an import and export scale of 175.4 billion yuan, transportation services with an import and export scale of 167.4 billion yuan, other commercial services with an import and export scale of 109.2 billion yuan, and telecommunications, computer and information services with an import and export scale of 61.7 billion yuan. In US dollars, in January 2024, China's international balance of payments for goods and services trade had exports of 315.3 billion US dollars, imports of 280.6 billion US dollars, with a surplus of 34.6 billion US dollars. This article is sourced from the official website of the State Administration of Foreign Exchange, edited by GMTEight: Wang Jie.