China's monthly trade surplus stood at US$22.9 billion in
November, according to a latest report from the General
Administration of Customs.
The figure, still the second-highest on record, is a bit smaller
than that calculated by Xinhua on the basis of preliminary
statistics released by China's Customs on Wednesday.
It also witnessed a slight drop from October's US$23.83 billion,
this year's fifth monthly record high.
The report shows that the November foreign trade climbed up 26.1
percent to US$168.788 billion, including an export of US$95.854
billion, up 32.8 percent, and an import of US$72.933 billion, up
18.3 percent.
The year's aggregate trade surplus surged to US$156.521 billion
through November, dwarfing the US$102 billion for the full-year of
2005.
In the latest update, the administration also fine-tuned its
preliminary statistics on accumulated imports and exports.
The aggregate imports in the first 11 months surged 27.5 percent
to US$875.042 billion while the aggregate imports climbed 20.6
percent to US$718.522 billion.
At Thursday-closed Central Economic Work Conference, the Chinese
leadership made balancing international payments a major goal for
next year, pledging to redouble efforts to vigorously expand
imports and overseas investment, while maintaining rational export
growth and use of foreign investment.
(Xinhua News Agency December 12, 2006)