on yuan ($121.7 billion) between January and March, a decrease of 1
1 percent year-on-year, according to the General Administration of Customs.
In March, Sino-US trade climbed 0.1 percent to 291.35 billion yuan, the administration said.
Li Kuiwen, spokesman for the customs authority, said trade tensions between the two cou
ntries have had certain impacts on companies’ operations, but the impact is “generally controllable”.
Li said economic and trade cooperation remains the ballast of Sino-US re
lations, and he is hopeful that China and the US will achieve mutually beneficial results.
China’s economy, despite headwinds, has enjoyed a good start in 2019, and the country
has the confidence to achieve the annual projected growth goal, said the nation’s top economic regulator.
Yuan Da, spokesperson with the National Development and Reform Commission, said the
first quarter’s stable economic development has laid a solid foundation for annual growth.