App

China remains ASEAN's largest trading partner
Updated: August 30, 2022 09:00 Xinhua

BEIJING — China has remained the largest trading partner of the Association of Southeast Asian Nations (ASEAN) for 13 consecutive years, a commerce official said on Aug 29.

Trade between China and the ASEAN reached $544.9 billion in the first seven months of this year. It is up 13.1 percent year-on-year, accounting for 15 percent of the country's total foreign trade, said Li Fei, assistant commerce minister of China, at a press conference.

As of the end of July, the cumulative two-way investment exceeded $340 billion, Li said.

Meanwhile, Chinese companies have been making steady progress in contracting infrastructure projects in ASEAN countries, with a cumulative turnover of over $380 billion by the end of July.

China will roll out measures, including professional online and offline trade matching and investment coordination services, to facilitate cooperation with ASEAN amid the upcoming 19th China-ASEAN Expo, said Li.

Preferential measures in areas including customs clearance, transportation, purchasing, and duty-free services will be provided for commodities to be exhibited from ASEAN countries.

The 19th China-ASEAN Expo will take place from Sept 16 to 19 in Nanning, the capital of South China's Guangxi Zhuang autonomous region.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218