The total value of imports and exports in Shanghai reached an all-time high of 1.74 trillion yuan in the first five months of this year.

The total value of imports and exports in Shanghai reached an all-time high of 1.74 trillion yuan in the first five months of this year. According to the latest statistics from Shanghai Customs, in the first five months of this year, the total value of imports and exports in Shanghai was 1.74 trillion yuan, an increase of 15.8 percent over the same period last year. The growth rate was 11.1 percentage points higher than that of the whole country, an increase of 12.6 percent over the same period in 2021, a record high for the same period in history. Of this total, exports totaled 702.37 billion yuan, up 19.8 percent, and imports totaled 1.04 trillion yuan, up 13.2 percent.