ASEAN becomes biggest trade partner of China in H1
The Association of Southeast Asian Nations (ASEAN) became China's biggest trading partner in the first half of this year, accounting for 14.7 percent of the nation's total foreign trade volume.
Illustrative image Hanoi, (VNA) - The Association of Southeast
Asian Nations (ASEAN) became China's biggest trading partner in the first half
of this year, accounting for 14.7 percent of the nation's total foreign trade
volume.
China's trade with ASEAN stood at 2.09 trillion CNY (about 299 billion USD) in the first six months, up 5.6 percent year on year. Exports to ASEAN rose 3.4 percent to 1.15 trillion CNY, while imports climbed 8.5 percent to 938.57 billion CNY, data from the General Administration of Customs (GAC) showed on July 14.
According to GAC spokesman Li Kuiwen, the expansion was partly buoyed by growing farm produce trade with ASEAN members under the upgraded protocol of the China-ASEAN Free Trade Area, which came into effect in October 2019. The farm produce trade between the two sides grew 13.2 percent in H1.
During the same period, China's trade with Vietnam jumped 18.1 percent, pushing the bilateral trade volume to the top place among ASEAN members, while trade with Thailand rose 9.2 percent./.
China's trade with ASEAN stood at 2.09 trillion CNY (about 299 billion USD) in the first six months, up 5.6 percent year on year. Exports to ASEAN rose 3.4 percent to 1.15 trillion CNY, while imports climbed 8.5 percent to 938.57 billion CNY, data from the General Administration of Customs (GAC) showed on July 14.
According to GAC spokesman Li Kuiwen, the expansion was partly buoyed by growing farm produce trade with ASEAN members under the upgraded protocol of the China-ASEAN Free Trade Area, which came into effect in October 2019. The farm produce trade between the two sides grew 13.2 percent in H1.
During the same period, China's trade with Vietnam jumped 18.1 percent, pushing the bilateral trade volume to the top place among ASEAN members, while trade with Thailand rose 9.2 percent./.
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
