Officials from General Administration of Customs said that due State macro-control measures in foreign trade, China's October export growth rate was 0.5 percentage points lower than the previous month, where as import growth rate was 9.4 percentage points higher over September.
According to customs statistics, in the first ten months this year, China's total value of export reached around US $1.75 trillion, up 23.5 percent. This depicted the growth rate of import and export levels remained closer to same period last year.
Of which, exports reached nearly $985.84 million, increasing of 26.5 percent and imports marked about $773.48 billion, up 19.8 percent. Trade surplus during this period $212.36 billion, rising 59 percent; trade surplus growth rate was 10.2 percentage points lower than the first nine months.
October import and export registered $188.4 billion, up 23.6 percent, of which exports were $107.73 billion, growing up to 22.3 percent and imports achieved $80.67 billion, with a boost of 25.5 percent. October trade surplus represented $27.05 billion, up 13.5 percent.
Fibre2fashion News Desk - China
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