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  • Beijing Review

    ECONOMY

    Nov 12, 2020 4 minutes

    Trade Growth

    Trade with the Association of Southeast Asian Nations (ASEAN) accounted for one seventh of China’s total imports and exports in the first three quarters of the year, reaching $481.8 billion, Chinese Ambassador to ASEAN Deng Xijun said at the Third Jakarta Forum on November 2.

    “It grew 5.6 percent in the second quarter and 7.7 percent in the third quarter, much faster than that between China and other trading partners,” Deng said.

    ASEAN became China’s largest trading partner in the first half of the year, accounting for 14.7 percent of its total foreign trade volume, amid upgraded free trade area protocol

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