Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Trade

China-EU trade sees rapid growth in H1

July 13, 2021


Abstract : Bilateral trade between China and the European Union (EU) saw a rapid growth in the first half of this year, demonstrating vitality and resilience in their trade cooperation, a customs spokesperson said Tuesday.

Two workers walk inside a warehouse of imported medicine for cross-border e-commerce in Tianzhu comprehensive bonded zone in Shunyi District, Beijing, capital of China, on March 12, 2021. (Xinhua/Ren Chao)

BEIJING, July 13 (Xinhua) -- Bilateral trade between China and the European Union (EU) saw a rapid growth in the first half of this year, demonstrating vitality and resilience in their trade cooperation, a customs spokesperson said Tuesday.

China-EU trade jumped 26.7 percent from a year ago to 2.52 trillion yuan (389 billion U.S. dollars) in the first half, making the EU the second-largest trade partner of China during the period, data from the General Administration of Customs (GAC) showed.

Around 16.6 percent of China's mechanical and electrical exports were shipped to the EU while more than one-third of the consumer goods imported into China were from the EU, said GAC spokesperson Li Kuiwen.

"China and the EU are important economic and trade partners with strong economic complementarity and great potential for cooperation," Li said.

Strengthening economic and trade exchanges between China and the EU is conducive to enhancing the well-being of the people on both sides, coping with global challenges and promoting the recovery of the world economy, Li added.

Tuesday's data showed that China's total imports and exports expanded 27.1 percent year on year to 18.07 trillion yuan in the first half of 2021, marking an increase of 22.8 percent from the pre-epidemic level in 2019. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China-EU foreign trade

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial