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China Daily / 2021-12 / 08 / Page013

Supply chains to back exports

By LIU ZHIHUA and ZHOU LANXU | China Daily | Updated: 2021-12-08 00:00
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Experts link the sector's resilience to trade expansion, but see slower growth next year

China's resilient industrial and supply chains, which enabled better-than-expected exports so far this year, will help withstand growing downward pressure and sustain upward export momentum in coming months, experts said on Tuesday.

They also said the robust growth in imports indicated signs of accelerated expansion of the Chinese economy.

Data from the General Administration of Customs showed on Tuesday that China's foreign trade in the first 11 months of this year was worth 35.39 trillion yuan ($5.56 trillion), up 22 percent year-on-year, and more than the 32.16 trillion yuan recorded for the whole of last year.

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