In October, China's exports experienced a significant increase, marking the highest jump in 19 months, while imports decreased more than anticipated.

• In U.S. dollar terms, exports increased by 12.7% in October compared to the previous year, while imports decreased by 2.3%.
• Despite facing challenges such as declining domestic consumption and a prolonged property crisis, the world's second-largest economy has found some relief in the form of strong exports.

In October, China's exports increased at their quickest pace in 19 months, surpassing analysts' predictions, as per data from the customs agency.

In U.S. dollar terms, exports rose by 12.7% in October from a year ago, marking their highest increase since March 2023, according to LSEG data. This is in contrast to the 2.4% growth seen in September, 8.7% in August, and 7% in July.

According to a Reuters poll, analysts predicted an annual growth rate of 5.2% for exports in October.

In October, imports decreased by 2.3%, which was more than anticipated. This was in contrast to the modest growth of 0.3% in September and 0.5% in August. Analysts had predicted a decline of 1.5% in October exports, according to a Reuters poll.

The improved export figures can be attributed to delayed shipments in October due to better weather, ongoing price discounts to capture market share, and the traditional peak season leading up to Christmas, according to Bruce Pang, chief economist of Greater China at JLL, as he told CNBC.

Despite facing challenges such as declining domestic consumption and a prolonged property crisis, the world's second-largest economy has found some relief in the form of strong exports.

Since late September, Chinese officials have introduced a range of stimulus measures, including interest rate cuts, relaxed cash reserve requirements at banks, and loosened property purchase rules, in an effort to revive the struggling economy.

For the first time since April, China's factory activity grew in October, with the official purchasing managers' index reaching 50.1, surpassing September's 49.8 and analysts' forecast of 49.9.

The standing committee of China's parliament is currently in session and is expected to reveal information about additional fiscal stimulus when it concludes on Friday.

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