China's exports in May totaled $131.7 billion, up 48.5 percent from a year ago and 18.1 percent from April,the General Administration of Customs (GAC) said on Thursday. The figure is much higher than previous expectation.Combining imports and exports, China's May external trade rose 48.4 percent year-on-year to $243.9 billion, among it imports reached $112.2 billion, up 48.3 percent year-on-year.
The country posted a trade surplus of $19.5 billion in May, dismissing fear that the debt crisis in Euro zone will impact exports.
From January to May, China's foreign trade rose 44 percent year-on-year to $1.1 trillion while imports grew 57.5 percent to $532.3 billion, and exports increased 33.2 percent to $567.7 billion, resulting in a trade surplus of $35.39 billion in the first five months.
