Surplus soars tenfold

(China Daily)
Updated: 2007-03-13 10:55

China's February trade surplus soared nearly tenfold compared to the same month last year, hitting $23.76 billion, the General Administration of Customs said yesterday.

While exports in February were 51.7 percent higher than exports in January, imports rose 13.1 percent, less than half the previous month's growth rate.


An export-oriented textile enterprise in Nantong, East China's Jiangsu Province.China's February trade surplus soared nearly tenfold compared to the same month last year, hitting $23.76 billion, the General Administration of Customs said yesterday.[newsphoto]

Exports hit $82.1 billion in February, while imports were $58.34 billion for the month.

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