China's exports of plastics products jumped more than 20 percent in the first two months of this year.
Total weight of those products grew by 24.5 percent year-on-year to 1.61 million tons, and total sales climbed 20.6 percent to $6.4 billion, according to latest numbers from the General Administration of Customs.
In the meantime, the import of plastic resin showed sharp declines, as domestic inventory stayed at high levels. Resin imports decreased by 14.5 percent on a weight basis and shrank 23.5 percent on a dollar basis, compared to the previous year.
China's overall trade surplus hit a new record of $60.6 billion in February on strong export growth and weak imports.
The Chinese currency has slightly weakened against the dollar since November, but it's still mostly pegged to the dollar, compared to the strong appreciation of the dollar against other major currencies.