China's trade with RCEP members sustains steady growth

0 Comment(s)Print E-mail Xinhua, April 14, 2022
Adjust font size:
Aerial photo taken on March 7, 2022 shows vehicles to be loaded onto a freight ship at Yantai Port, east China's Shandong Province. [Photo/Xinhua]

Trade between China and members of the Regional Comprehensive Economic Partnership (RCEP) saw steady growth since the trade agreement took effect at the beginning of this year, official data showed Wednesday.

China's trade with the other 14 member states expanded 6.9 percent year on year to 2.86 trillion yuan (about 448.6 billion U.S. dollars) in the first quarter of 2022, accounting for 30.4 percent of China's total foreign trade value, according to the General Administration of Customs (GAC).

Data showed that exports and imports between China and RCEP members logged steady growth, increasing 11.1 percent and 3.2 percent from a year earlier to 1.38 trillion and 1.48 trillion yuan, respectively.

In the first three months, China's trade with the Republic of Korea (ROK) and Japan each took up 20 percent of the country's total trade volume with RCEP members. And exports and imports between China and multiple countries, including ROK, Malaysia, and New Zealand, registered double-digit year-on-year growth, said the GAC.

In terms of goods types, exports of mechanical and electrical products and labor-intensive products dominated, taking up 52.1 percent and 17.8 percent of the total. Imports of mechanical and electrical products, metal ore and ore sand, and agricultural products accounted for 48.5 percent, 9.6 percent, and 6 percent, respectively, GAC data showed.

The RCEP, the world's largest free trade deal to date, is of great significance for promoting free trade, reinforcing the industrial and supply chains, and quickening global economic recovery by eliminating tariffs, facilitating trade, and opening up services and investment.

The free trade pact initially entered into force for ten members on Jan. 1, 2022, followed by ROK and Malaysia on Feb. 2 and March 18. Up to now, the agreement is effective for 12 of its 15 signing members.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 亚洲午夜福利在线视频| 欧美成人小视频| 欧美一区二区激情三区| 护士系列sdde221取精| 国产高清在线精品一区| 国产一区二区三区欧美| 亚洲欧洲精品成人久久曰影片| 久久久999国产精品| 4444在线网站| 精品欧美日韩一区二区| 欧美一区二区在线观看免费网站| 成人国产精品一区二区视频| 国产精品一级片| 佐藤遥希在线播放一二区| 久久亚洲色一区二区三区| 91精品国产高清久久久久久| 美女翘臀白浆直流视频| 校花主动掀开内裤给我玩| 天天躁日日躁狠狠躁综合| 国产免费av片在线观看播放| 亚洲欧美另类国产| 两个人日本免费完整版在线观看1| 天天影视色香欲综合免费| 特区爱奴在线观看| 成人理论电影在线观看| 国产成人无码一区二区三区在线| 亚洲综合激情另类小说区| 中文字幕亚洲日韩无线码| 久久综合狠狠综合久久97色 | 精品福利一区二区三区免费视频| 欧洲乱码伦视频免费| 天天操夜夜操视频| 国产v精品欧美精品v日韩| 亚洲区小说区图片区qvod| free性欧美极度另类性性欧美| 色视频线观看在线播放| 日韩精品中文乱码在线观看| 国产精品美女久久久久| 亚洲综合AV在线在线播放| 一级日本强免费| 色哟哟精品视频在线观看|