From BigGo Finance · BigGo Finance · · 1m 30s
China's Trade with APEC Economies Surges 23.9% in First Three Quarters
China's trade with APEC economies grew 23.9% year-on-year in first three quarters, driven by high-tech products and trade facilitation measures.
In brief
China's trade with APEC economies grew 23.9% year-on-year in first three quarters, driven by high-tech products and trade facilitation measures. China's trade with other APEC economies increased 23.9% year-on-year to 24.07 trillion yuan in first three quarters, with high-tech products contributing nearly half of the…
Trade with APEC Economies Surges
China's imports and exports with other APEC economies reached 24.07 trillion yuan in first three quarters, up 23.9% year-on-year.
High-Tech Products Drive Growth
High-tech product trade surged 50.3% to 6.66 trillion yuan, contributing nearly half of the total trade increment.
APEC Free Trade Partners Grow
Trade with APEC free trade partners grew 29.2% to 18.2 trillion yuan, accounting for 75.6% of China's trade with other APEC economies.
AEO-Certified Enterprises Rise
AEO-certified enterprises saw trade with APEC economies grow 28.8%, accounting for 44.5% of total trade.
Import Growth Accelerates
China's imports grew 22.3% year-on-year, outpacing export growth, with September imports exceeding 2 trillion yuan for the first time.
9th Import Expo Coming
The 9th China International Import Expo will be held in Shanghai next month, with 18 customs facilitation measures introduced.
Food Trade Surges
China's food imports and exports with APEC economies reached nearly 800 billion yuan, accounting for over half of national food trade.
High-Tech Product Growth
China's imports of electronic components grew 56% and exports of electric vehicles, lithium batteries, and photovoltaic products rose 37.1%.
What matters most
China's trade with other APEC economies increased 23.9% year-on-year to 24.07 trillion yuan in first three quarters, with high-tech products contributing nearly half of the trade growth.
