Beijing Review

ECONOMY

Auto Exports

China’s automobile exports jumped 47.4 percent year on year in January, industry data showed.

A total of 443,000 vehicles were exported during the period, according to the China Association of Automobile Manufacturers.

In breakdown, some 369,000 passenger vehicles were exported, up 47.5 percent year on year, while the exports of commercial vehicles rose 46.9 percent from the same period last year to 74,000 units.

In January, China’s new-energy vehicle exports went up 21.7 percent on a yearly basis to 101,000 units, the data revealed.

Current Account Surplus

China’s current account surplus amounted to $264.2 billion in 2023, the State Administration of Foreign Exchange (SAFE), the

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