China's foreign trade up 6.2% in first 7 months
4 months, 2 weeks ago

China's foreign trade up 6.2% in first 7 months

China Daily  

By Wang Keju| chinadaily.com.cn| Updated :2024-08-09 China's total goods imports and exports expanded 6.2 percent year-on-year in the first seven months of this year to 24.83 trillion yuan, data from the General Administration of Customs showed on Wednesday. The country's exports rose 6.7 percent year-on-year to 14.26 trillion yuan during the period, while imports climbed 5.4 percent to 10.57 trillion yuan, according to the administration. China's trade with ASEAN economies climbed 10.5 percent year-on-year to 3.92 trillion yuan, accounting for 15.8 percent of the country's total trade value, the administration said. In the January-July period, China's trade with the European Union crawled up 0.4 percent from a year earlier, while the country's trade with the United States climbed 4.1 percent year-on-year, the data showed.

China Trade Yuan Trillion  trillion  yearonyear  yuan  62  foreign  chinas  trade  months  exports  data  total  period  countrys

History of this topic

Tailwinds favoring foreign trade enterprises
Trending News
1 week, 1 day ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

Opening-up to spur foreign trade growth
1 week, 1 day ago

Opening-up to spur foreign trade growth

China Daily  

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Opening-up to spur foreign trade growth
1 week, 1 day ago

Opening-up to spur foreign trade growth

China Daily  

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

Trade War Widened US Trade Deficit, Increased Chinese Global Exports
1 week, 1 day ago

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

Deccan Chronicle  

The US-China trade war initiated by President Donald Trump under his previous government failed to achieve its goals as the trade deficit of the US further widened while China’s global exports increased between 2017 and 2023. The US-China trade war, which began in March 2018 by imposing 25 per cent tariffs on steel and 10 per cent on aluminium, escalated …

China's foreign trade up 4.9% in first 11 months
2 weeks ago

China's foreign trade up 4.9% in first 11 months

China Daily  

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during this period, customs data showed. The import and export …

China's foreign trade up 4.9% in first 11 months
2 weeks ago

China's foreign trade up 4.9% in first 11 months

China Daily  

By Zhong Nan | chinadaily.com.cn | Updated: 2024-12-10 11:12 China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during …

3 factors that pulled China's yuan to 4-month low against dollar despite impressive PMI numbers
Trending News
3 weeks ago

3 factors that pulled China's yuan to 4-month low against dollar despite impressive PMI numbers

Firstpost  

China’s yuan fell to a low 7.2675 per dollar, its weakest since July 24 on Monday despite private manufacturing survey showing that the country’s factory activity expanded at the fastest pace in five months in November Aiming to takeover US dollar and becoming world’s principal reserve currency, China’s yuan slipped to a four-month low raising concerns that the second largest …

China's yuan slides to 4-month low on tariff threats and mixed PMI data
3 weeks, 1 day ago

China's yuan slides to 4-month low on tariff threats and mixed PMI data

Hindustan Times  

SHANGHAI, - The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers' index data raised concern China's economy might need additional policy support. The onshore yuan dropped to a low of 7.2675 per dollar, its weakest since July 24, despite a private manufacturing survey on Monday showing China's factory activity expanded at the fastest …

India-China trade: An alarming $18 billion discrepancy
3 weeks, 5 days ago

India-China trade: An alarming $18 billion discrepancy

Live Mint  

India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices. In 2023, India's merchandise imports from China stood at $99.59 billion, which was 18.2% lower than the $117.68 billion worth of exports reported by China, …

Backlash against Chinese steel gives preview of Trump trade tensions
4 weeks ago

Backlash against Chinese steel gives preview of Trump trade tensions

Live Mint  

China’s industrial overcapacity became an issue of global concern even before the election of Donald Trump. Because of the sheer size of China’s steel industry—which produced around 1 billion metric tons last year—fluctuations in its domestic demand can send shock waves to the rest of the world. China’s net exports of steel reached a record 10.6 million metric tons in …

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
1 month ago

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says

Associated Press  

HONG KONG — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing. Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports from China, Vice Commerce Minister Wang …

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
1 month ago

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Higher tariffs on Chinese exports …

Xinjiang sees rapid growth of foreign trade
1 month ago

Xinjiang sees rapid growth of foreign trade

China Daily  

The Xinjiang Uygur autonomous region's foreign trade in the first 10 months of the year reached 362.79 billion yuan, up 28 percent year-on-year, registering the fastest growth rate among all provincial-level regions around the country. During the period, foreign trade by private enterprises in Xinjiang grew 26.8 percent year-on-year and accounted for 92.4 percent of the region's total foreign trade, …

China has potential to take the lead in global digital trade, says former commerce vice-minister
1 month ago

China has potential to take the lead in global digital trade, says former commerce vice-minister

China Daily  

China should further opening-up, improve its innovation ability and strengthen international cooperation to take the lead in global digital trade, said Wei Jianguo, China's former vice-minister of commerce, at the 2024 Global Digital Trade Conference recently held in Wuhan, Hubei province. "We need to step up innovation and launch more public products for digital trade to the world to increase …

China's trade with other APEC economies hits record high in Jan-Oct
1 month, 1 week ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the …

China's trade with other APEC economies hits record high in Jan-Oct
1 month, 1 week ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the …

Ningbo's foreign trade volume hits 1.18t yuan in Jan-Oct
1 month, 1 week ago

Ningbo's foreign trade volume hits 1.18t yuan in Jan-Oct

China Daily  

Ningbo's total imports and exports hit 1.18 trillion yuan in the first 10 months of this year, marking a 10.8 percent increase compared to the corresponding period last year. Between January and October, imports and exports by private enterprises hit 895.8 billion yuan, reflecting a 12 percent increase year-on-year and accounting for 76.2 percent of the city's total imports and …

Cross-border e-commerce growing in China
1 month, 1 week ago

Cross-border e-commerce growing in China

China Daily  

Having worked as a tech reporter for about a decade, I have witnessed firsthand the rapid growth of China's cross-border e-commerce platforms and how the country's consumers have shown increasing demand for premium imported and foreign-branded products in recent years. According to a report from Chinese e-commerce platform JD's Consumption and Industry Development Research Institute, imported brands, including mobile phones, …

China-Vietnam dialogue held in Chongqing on boosting business, trade ties
1 month, 2 weeks ago

China-Vietnam dialogue held in Chongqing on boosting business, trade ties

China Daily  

A dialogue on cooperation in China-Vietnam business, trade and logistics is held in Chongqing's Nan'an district on Friday. As of Oct 30, the China-Vietnam freight trains passing through Chongqing have operated in both directions a total of 132 trips, carrying a combined total of 4,224 standard containers with a cargo value of 1.01 billion yuan. In the first three quarters …

Foreign trade poised for steady growth amid headwinds
Trending News
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period, while its exports rose 6.7 …

Foreign trade poised for steady growth amid headwinds
Top News
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

China-Vietnam dialogue held in Chongqing on boosting business, trade ties
1 month, 2 weeks ago

China-Vietnam dialogue held in Chongqing on boosting business, trade ties

China Daily  

A dialogue on cooperation in China-Vietnam business, trade and logistics is held in Chongqing's Nan'an district on Friday. As of Oct 30, the China-Vietnam freight trains passing through Chongqing have operated in both directions a total of 132 trips, carrying a combined total of 4,224 standard containers with a cargo value of 1.01 billion yuan. In the first three quarters …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

By Zhong Nan and Ouyang Shijia in Shanghai | China Daily | Updated: 2024-11-08 07:09 China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers …

China's foreign trade up 5.2% in Jan-Oct period
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China’s exports grew 12.7% in October, fastest pace in more than 2 years
1 month, 2 weeks ago

China’s exports grew 12.7% in October, fastest pace in more than 2 years

Associated Press  

HONG KONG — China’s exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. It showed imports fell 2.3% in October from a year earlier, while China’s trade surplus rose to $95.7 billion in October, up from $81.7 billion in September. China’s exports to Russia rose …

China's foreign trade up 5.2% in Jan-Oct period
Top News
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
Top News
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
Top News
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade up 5.2% in Jan-Oct period By Zhong Nan in Shanghai chinadaily.com.cn Updated: Nov 07, 2024 China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year …

US trade deficit widens to over two year-high in September 2024; Gold imports highest since March 2022
1 month, 2 weeks ago

US trade deficit widens to over two year-high in September 2024; Gold imports highest since March 2022

Live Mint  

The US trade deficit surged to nearly a 2-1/2-year high in September as businesses boosted imports to meet robust domestic demand and in anticipation of higher tariffs on goods. “The outcome of the election could add upside risk to imports if businesses seek to pre-empt potential tariff increases in the event of a second Donald Trump presidency.” The trade gap …

Navigating the Complexities of Sino-US Relations: A Path to Stability and Prosperity
1 month, 2 weeks ago

Navigating the Complexities of Sino-US Relations: A Path to Stability and Prosperity

China Daily  

The article emphasizes the importance of fostering non-confrontational and manageable competition between China and the US to benefit the world. It argues that a less aggressive and consensual approach aligns with their security and interests. The writer highlights the differences in military capabilities and economic interdependence between the two countries, emphasizing the need for dialogue and compromise to address global …

Rebuilding Sino-US trust crucial for world
1 month, 2 weeks ago

Rebuilding Sino-US trust crucial for world

China Daily  

In recent years, rising tensions between China and the US have led to bleak predictions of bilateral relations and potentially dangerous global fragmentation. Before 2001, the year China joined the World Trade Organization, 80 percent of the world's countries traded more with the US than with China. Over the past decade, China has invested more than $1 trillion in infrastructure …

China sees 49.09 bln inter-regional trips in first 3 quarters
1 month, 3 weeks ago

China sees 49.09 bln inter-regional trips in first 3 quarters

China Daily  

More than 49.09 billion inter-regional trips were made in China during the first three quarters of this year, up 5.4 percent from one year earlier, the Ministry of Transport said on Thursday. During the period, railway, waterway and civil aviation passenger traffic increased by 13.8 percent, 1.1 percent and 19.1 percent, respectively year on year, while road passenger flow went …

Chinese Toymaker Seeks Global Expansion in Emerging Markets
Top News
2 months ago

Chinese Toymaker Seeks Global Expansion in Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Boost Exports to Emerging Markets
2 months ago

Chinese Toymaker Seeks to Boost Exports to Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar
2 months ago

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports reached 18.62 trillion yuan, up 6.2 percent year-on-year, while imports rose to 13.71 trillion yuan, up 4.1 percent. This growth is attributed to China's optimization of its exported products, with exports of high-tech equipment increasing by 40 percent year-on-year …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

China's trade with ROK increasingly competitive
2 months, 3 weeks ago

China's trade with ROK increasingly competitive

China Daily  

The industrial business sectors of China and South Korea, once complementary a decade ago, have become increasingly competitive in mid — to high-end manufacturing, a trend that is expected to intensify in the coming years, said market watchers on Friday. As China continues to expand its opening-up and make breakthroughs in areas such as shipbuilding, electric vehicle and foldable smartphone …

China's trade with ROK increasingly competitive
2 months, 3 weeks ago

China's trade with ROK increasingly competitive

China Daily  

By Zhong Nan | China Daily | Updated: 2024-09-28 09:08 The industrial business sectors of China and South Korea, once complementary a decade ago, have become increasingly competitive in mid — to high-end manufacturing, a trend that is expected to intensify in the coming years, said market watchers on Friday. As China continues to expand its opening-up and make breakthroughs …

Quzhou's export growth rate ranks 2nd in Zhejiang
2 months, 4 weeks ago

Quzhou's export growth rate ranks 2nd in Zhejiang

China Daily  

ezhejiang.gov.cn| Updated :2024-09-26 Quzhou's imports and exports had a total value of 50.11 billion yuan from January to August, an increase of 8.9 percent year-on-year, according to Quzhou Customs. Exports amounted to 34.31 billion yuan, growing by 19.0 percent year-on-year, the second highest growth rate in Zhejiang province and 10.6 percentage points higher than the provincial average growth rate. From …

Trade in services experiencing exponential growth
3 months ago

Trade in services experiencing exponential growth

China Daily  

A visitor experiences a passenger-carrying autonomous aerial vehicle during the 2024 CIFTIS in Beijing on Sept 13. "Since China's manufacturing investment and goods trade have remained at a high level, trade in services plays an even more important role to drive high-quality economic growth and new quality productive forces," said Jiang Hao, a partner at global management consultancy Roland Berger. …

Hohhot sees record high trade growth in Jan-Aug
3 months ago

Hohhot sees record high trade growth in Jan-Aug

China Daily  

According to statistics from Saihan customs, Hohhot's import and export trade reached a remarkable 15.05 billion yuan in the first eight months of the year. The import value stood at 7.14 billion yuan, up 35.3 percent, while exports hit 7.91 billion yuan, marking a 27.3 percent rise. Trade with countries involved in the Belt and Road Initiative surged to 9.69 …

Qingdao's foreign trade up 2.5% in Jan-Aug period
3 months ago

Qingdao's foreign trade up 2.5% in Jan-Aug period

China Daily  

The busy Qingdao Port in Shandong province. At 391.77 billion yuan during the January to August period, general trade increased 3.7 percent this year and accounted for 65.5 percent of the total foreign trade value of Qingdao, an increase of 0.8 percentage points from the same period last year. The import and export volume of foreign-invested enterprises reached 114.69 billion …

China's service trade set to unleash huge potential
3 months, 1 week ago

China's service trade set to unleash huge potential

China Daily  

The 2024 China International Fair for Trade in Services kicks off in Beijing on Thursday. From 2012 to 2023, the volume of service trade in China, measured in US dollars, grew at an average annual growth rate of 6.2 percent. In 2023, China's share of global service exports and service imports stood at 4.8 percent and 7.5 percent respectively, indicating …

Guangdong foreign trade sweeps upward
3 months, 1 week ago

Guangdong foreign trade sweeps upward

China Daily  

Guangdong's foreign trade has made significant progress in emerging markets while maintaining good growth momentum in traditional markets during the first eight months of this year. According to the statement, exports of vessels, electric vehicles and containers achieved faster growth between January and August, increasing by 47.6 percent — 68.2 percent and 133.1 percent year-on-year, respectively — becoming new growth …

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