In China, the household-savings rate exceeds 20%.
If something exceeds a particular amount or number, it is greater or larger than that amount or number.
Its research budget exceeds $700 million a year...
The demand for places at some schools exceeds the supply...
If you exceed a limit or rule, you go beyond it, even though you are not supposed to or it is against the law.
He accepts he was exceeding the speed limit...
I would be exceeding my powers if I ordered the march to be halted.