Trade volume under China-ASEAN strategic cooperation continues to grow

Date:2018-07-16

According to the latest data from the China-ASEAN Business Council, the trade volume between China and ASEAN increased by 20.2% in the first half of this year compared with the same period last year, which exceeds the average growth rate of 16.8% in China's foreign trade. Among China's top three trading partners, the EU, the United States and ASEAN, trade of ASEAN has the fastest growth. In terms of growth rate, Brunei (up 72.6%), Vietnam (up 33.7%) and Myanmar (up 29.2%) were the top three countries among China’s trade with ASEAN countries in the first half of the year. In terms of trade volume, the top three countries in China's trade with ASEAN in the first half of the year were Vietnam, Malaysia and Thailand.

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