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SCIO briefing on China's imports and exports in 2017

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Speaker:
Mr. Huang Songping, spokesperson of the General Administration of Customs

Chairperson:
Xi Yanchun, vice director-general of the Press Bureau, State Council Information Office

Date:
Jan. 12, 2018

NHK:

Could you please provide details on Sino-DPRK trade in 2017?

Huang Songping:

Thanks for your question. I will brief you on the latest trade data between China and the DPRK. According to the figures from China's General Administration of Customs, the Sino-DPRK trade volume reached US$5.06 billion in 2017, a year-on-year drop of 10.5 percent. Specifically, exports were US$3.34 billion, up 8.3 percent; while imports stood at US$1.72 billion, down 33 percent. The trade surplus was US$1.62 billion, increasing by a factor of 2.2. In December, the Sino-DPRK trade volume was US$310 million, down 50.6 percent. Specifically, exports were US$260 million, down 23.4 percent; and imports were US$54.342 million, down 81.6 percent. Thank you.

Xi Yanchun:

This is the end of today's press conference. Thank you, Mr. Huang. Thank you everyone.

By Li Xiaohua, Chen Xia, Yang Xi, Wu Jin, Huang Shan, Li Jingrong, Gong Jie, Cui Can, Zhang Junmian, Xu Lin, Yuan Fang, Layne Flower, Christopher Georgiou, Geoffrey Murray