China's trade surplus hits record
(AP)
Updated: 2005-12-13 15:40

China's foreign trade totaled more than US$1.2 trillion (euro1 trillion) during the first 11 months of 2005, and its trade surplus hit a record US$90.8 billion (euro77.6 billion), the government said Monday.

Citing Chinese customs statistics, the official Xinhua New Agency said exports from January through November were US$686.5 billion, while imports amounted to US$595.7 billion, for a total of US$1.28 trillion.

That figure represented a gain of 23.5 percent over the same period in 2004, the agency said.

The country's trade surplus widened to a record US$90.8 billion (euro77.6 billion) in the first 11 months of this year, it said.

It said trade in November reached US$133.7 billion (euro114.3 billion), the year's highest monthly trade volume to date.

The new trade figures indicate that China's exports are continuing to surge.