Exports increased 6.7 percent year on year to 9.48 trillion yuan during the period, while imports grew 1.3 percent to 7.93 trillion yuan, the General Administration of Customs (GAC) said.
Analysts say that fixed investment is the basis for development and the high growth rate shows China’s sound foundation and huge potential for economic growth and sustainability.
A total of 41 Chinese cities will have urban rail transit systems in operation by the end of this year, according to the China Association of Metros, Economic Daily reported on August 7.