China's exports exceeded $300 billion in October

The General Administration of Customs reported that exports increased by 27.1 percent and imports by 20.6 percent in October.

Export revenues reached 300.2 billion dollars per month, while imports reached 215.7 billion dollars.

The foreign trade surplus, which was recorded as 66.8 billion dollars in September, increased to 84.5 billion dollars in October.

The foreign trade surplus with the USA, which is China's largest trading partner, decreased compared to last month. The foreign trade surplus, which reached 42 billion dollars in September, was 40.7 billion dollars in October.

China gave a foreign trade surplus of 29.5 billion dollars to the European Union (EU) countries in October.

The Chinese economy grew by 18.3 percent in January-March, 7.9 percent in the second quarter and 4.9 percent in the third quarter.