China's goods trade volume up 16.6 pct in Jan.-Sept

The improvement in Chinese trade data comes ahead of the Communist Party's twice-a-decade congressMore

The improvement in Chinese trade data comes ahead of the Communist Party's twice-a-decade congressMore

China's August exports were up 5.5 percent from a year ago in dollar terms, while imports were up 13.3 percent in dollar terms.

China's September exports came in short of market expectations with expansion of 8.1 percent from a year earlier, while imports beat forecasts, growing 18.7 percent, official data showed on Friday.

"We expect the total value of exports and imports to continue to increase in the fourth quarter, and total trade hopefully will post double-digit growth for the full year", he told reporters at a briefing. It is up 10.3 percent from 390,000 tonnes in August, a level that had been seen for four straight months, and 340,000 tonnes in September 2016. Copper imports were the highest since March.

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Exports increased 12.4 percent to 11.16 trillion yuan, while imports surged 22.3 percent to 9.13 trillion yuan, the General Administration of Customs (GAC) said.

Analysts had expected China's trade surplus to have narrowed to $39.5 billion in September from August's $41.99 billion.

Government measures to cool hot housing prices are also expected to start to weigh on property investment and construction.

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