In February this year, China’s total foreign trade value amounted to $309.494 billion, indicating a year-on-year rise of 24.5 percent, as announced by the Chinese customs authorities on March 8. In the given month, the total value of China’s exports amounted to $171.618 billion, increasing by 44.5 percent year on year, while Chinese imports totaled $137.876 billion in value, rising by 6.3 percent year on year, resulting in a trade surplus of $33.743 billion.
In the January-February period of the current year, China’s total foreign trade value amounted to $690.375 billion, up 23.1 percent year on year. In the given period, the total value of China’s exports amounted to $372.345 billion, up 24.4 percent, while the value of its imports rose by 21.7 percent year on year to $318.03 billion, resulting in a trade surplus of $54.316 billion in the given period.