Data: China's trade surplus in the first 10 months reached 1.04 trillion USD
According to data from Chinese customs, in October, China's exports in US dollars increased by 35.2% year-on-year, lower than September's 36.3%, but higher than the 33.5% expected by economists surveyed by Reuters. During the same period, imports increased by 41.6% year-on-year, higher than September's 31% and the market expectation of 32%.
In the first 10 months of this year, China's trade surplus reached $1.04 trillion, exceeding $1 trillion for the second consecutive year and reaching this scale a month earlier than in 2025. The global construction of artificial intelligence infrastructure has driven the sales of high-tech products, and China's automobile exports maintained growth in October.