In January this year,
China’s total foreign trade value amounted to $340.484 billion, indicating a year-on-year decrease of 10.9 percent, as announced by the Chinese customs authorities on February 8. In the given month, the total value of
China’s exports amounted to $200.258 billion, down 12.0 percent month on month and decreasing by 3.3 percent year on year, while Chinese imports totaled $140.226 billion in value, down 21.1 percent month on month and declining by 19.9 percent year on year, resulting in a trade surplus of $60.032 billion.