China did wonders even in the Corona period, exports increased by 3.6 percent, so much of trade surplus

Despite the Coronavirus epidemic and the tariff war with the US, China’s exports have increased in the past year, 2020. This brings China’s trade surplus to $535 billion. According to data released on Thursday by the Customs Department, China’s exports in 2020 increased 3.6 percent to $2,600 billion in 2019. China’s exports increased by 0.5 percent in 2019.

1.1 percent import reduced

During this period, China’s imports fell by 1.1 percent to about $2,000 billion. China’s economy has opened up faster than other countries in the world, recovering from the effects of the epidemic. China’s exporters benefited from this. During this period, demand for Chinese masks and other medical supplies was high, which exporters took advantage of.

Exports increased 18.1 percent in December

This helped Chinese exporters to gain market share of exporters from other countries of the world. China’s exports rose 18.1 percent year-on-year to $281.9 billion in December. Imports during this period rose 6.5 percent to $203.7 billion.

Chinese province declared ’emergency’

It is known that China, which spread the coronavirus around the world, till recently claimed that it has controlled the epidemic here, but once again the situation is getting worse. In view of the latest wave of coronavirus cases in China, a province with a population of 37 million has been declared an ’emergency’ to combat corona. Also, a large corona test is being conducted here amid fears of a second wave of corona.

China had taken the coronavirus under control since it emerged in Wuhan in late 2019. But cases have come to light in recent weeks, with local cases witnessing extensive cases of lockdowns, immediate travel restrictions and tens of millions of trials.