China's imports and exports both fell in February

CHINA's US dollar-denominated imports fell by 5.2 percent in February year-on-year, while exports fell by 20.7 percent, according to statistics released by General Administration of Customs in CHINA on Friday.

The total import and export value decreased by 13.8 percent to 266.36 billion U.S. dollars; exports dropped by 20.7 percent to 135.24 billion U.S. dollars, and imports by 5.2 percent to 131.12 billion U.S. dollars.

CHINA's overall trade surplus declined by 87.2 percent to 4.12 billion U.S. dollars in February.

Excluding the Spring Festival holiday factor, CHINA's exports and imports increased by 1.5 percent and 6.5 percent, respectively.