As learned from the Customs General Administration China's imports and exports totaled 179.46 billion USD for the first two months of this year which was a year-on-year jump of 21.7 percent.

This speed is much higher than the Commerce Ministry's expectation for 2005 which is set at some 15 percent.

The exports stood at 95.28 billion USD while the imports posted 84.18 billion USD, rising 36.6 percent and 8.3 percent respectively. As a result, China enjoys 11.1 billion USD of trade surplus.

China's foreign trade valued 84.45 billion USD in February which was an increase of 11 percent. The 44.53 billion USD worth of exports this month represented a surge of 30.8 percent while the imports was down 5 percent at 39.92 billion USD. The trade surplus reached 4.62 billion USD.

From January to February, trade between China and its major trading partners spiraled up. The EU remains China's biggest trade partner with the bilateral trade adding up to 29.64 billion USD, growing 29.2 percent.

But China is still worried about the rising trade frictions would hinder its exports and it is trying to adjust the way of growth of its foreign trade.

By People's Daily Online