In the January-February period this year, China’s total foreign trade value amounted to $662.72 billion, indicating a year-on-year decline of 3.9 percent, as announced by the Chinese customs authorities. In the given period, the total value of China’s exports amounted to $353.22 billion, decreasing by 4.6 percent year on year, while Chinese imports totaled $309.5 billion in value, declining by 3.1 percent year on year, resulting in a trade surplus of $43.71 billion.