Novem­ber sees record trade sur­plus

China Daily (Canada) - - NEWSCAPSULE -

China’s trade sur­plus in Novem­ber was its largest trade sur­plus in more than four years.

The trade sur­plus in Novem­ber, $ 33.8 bil­lion, was the high­est since 2009, when the gov­ern­ment launched a largescale stim­u­lus pack­age.

Novem­ber ex­ports in­creased 12.7 per­cent year-on-year to $202.21 bil­lion, while im­ports stood at $168.4 bil­lion, up 5.3 per­cent year-on-year, the slow­est rise in im­ports since July, the Gen­eral Ad­min­is­tra­tion of Cus­toms said.

The im­prove­ment of over­seas de­mand in­creased China’s chances of se­cur­ing an 8 per­cent trade growth tar­get this year. (Photo 2)

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