China’s exports rose 0.9 per cent year-on-year in April, rebounding from a large drop in March, the Government said on Thursday.
Total export value was $188.54 billion in April, up 0.9 per cent from the same month of 2013, while imports also climbed 0.8 per cent, the General Administration of Customs reported.
The latest figures suggest that the ruling Communist Party’s policies could be succeeding in stabilising flagging growth in the world’s second-largest economy.
Exports fell 6.6 per cent year-on-year in March and 3.4 per cent year-on-year in the first quarter of this year, the administration had said earlier.
The party has set a broad growth target of 7.5 per cent this year as it tries to rebalance the economy away from its long reliance on exports and infrastructure.
Annual growth dropped to 7.7 per cent in the last two years, the slowest since 1999.