Shanghai’s trade expanded 16.5% from a year earlier in January, better than the national average of 10.3%, due to the pilot free trade zone (FTZ), the Shanghai Statistics Bureau said. Exports rose 9.8% to USD19.6 billion last month, compared with a 2.5% rise a month earlier. Imports jumped 22.9% to USD22.8 billion, compared with December’s 13.8%. The city’s Consumer Price Index (CPI) rose 3% in January, compared with 2.4% a month earlier.