China's exports in December 2009 soared 17.7 percent year on year to reach $130.73 billion, providing evidence that once fragile exporters are rapidly recouping their strength.
Imports in December hit a record high of $112.29 billion, representing an increase of 55.9 percent from a year ago, according to data from the Ministry of Commerce (MOFCOM). The import surge is widely considered a reflection of buoyant domestic demands and the effect of government stimulus measures.
Total exports in 2009 numbered $1.2 trillion yuan, down 16 percent year on year, according to MOFCOM. |