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China’s exports rise 11.6% in Oct

Updated: Nov 8,2014 11:45 AM     Xinhua

BEIJING — China’s exports rose 11.6 percent year-on-year to $206.87 billion in October, customs data showed on Nov 8.

The growth rate for October has decelerated compared to September’s 15.3 percent, which was a fastest growth rate in 19 months.

Imports in October stood at $161.46 billion, up 4.6 percent, according to the data released by the General Administration of Customs (GAC).

Total exports and imports in the month amounted to $368.33 billion, up 8.4 percent year-on-year.

“Imports and exports in October have both extended a growth trend from the previous month,” the GAC said in a press release.

In the first ten months of this year, China’s total exports and imports hit $3.53 trillion, up 3.8 percent. The country also recorded a trade surplus of $277.11 billion during the Jan-Oct period, up 38.5 percent year-on-year, the data showed.