| Follow us on:
|
![A woman works at a textile factory in Tai'an City, east China's Shandong Province, Oct. 18, 2014 [Xinhua]](http://thebricspost.com/wp-content/uploads/2014/11/234348017_81.jpg)
A woman works at a textile factory in Tai’an City, east China’s Shandong Province, Oct. 18, 2014 [Xinhua]
The growth rate for November decelerated compared to October’s 11.6 per cent and 15.3 per cent in September, according to the GAC.
Imports stood at $157.19 billion, down 6.7 per cent.
Total exports and imports in November amounted to $368.85 billion, down 0.5 per cent year on year.
In the first eleven months of the year, China’s imports and exports hit $3.9 trillion, up 3.4 per cent, also recording a trade surplus of $332.5 billion during the January-November period, up 42.2 per cent year on year.
“Imports and exports in the first eleven months have both recorded steady growth,” the GAC said in a press release.
Chinese leaders have said they favour an economic strategy making a gradual transition from a growth model heavily reliant on exports and public investment to one driven much more by domestic consumption and private investment.
Source: Agencies
