China's trade surplus has surpassed $1 trillion for the second time in history, with trade with the European Union accounting for nearly a third of the imbalance.
From January to October, China's exports to the European Union exceeded imports from European countries by more than $310 billion.
In October, imports into China increased by nearly 42 percent year-on-year, while exports increased by more than 35 percent, and the monthly surplus reached $105.3 billion.
According to Bloomberg, high-tech products such as chips and computer equipment remain the main driver of exports, accounting for about 40% of annual growth.