By Jonathan Davies

China's monthly trade surplus rose to a new record of $60.6bn (£40.3bn) in February, thanks to a rise in exports and fall in imports.

The General Administration of Customs said that exports were up 48.3%, compared with last year, to $169.2bn and imports fell by 20% to $108.6bn.

In comparison, the trade surplus for February 2014 was just $8.9bn.

It comes despite the slowdown in the Chinese economy. Figures show the world's second largest economy grew by 7.4% in 2014, its slowest annual growth for 25 years.

Officials in the General Administration of Customs office said that the unexpected rise in exports could largely be attributed to businesses wanting to process orders before Chinese New Year.

"Affected by the Spring Festival factors,FIFA Ultimate Team Coins export companies in the country again rushed to export ahead of the holiday and only resumed working after it," a statement said.

China's trade figures are already incredibly strong - February's record high combined with another $60bn in January means the country already has a trade surplus of $120.7bn after just two months.