Photo taken on Nov. 11, 2020 shows a view of the China (Shanghai) Pilot Free Trade Zone at Pudong New Area in Shanghai, east China. (Xinhua/Fang Zhe)
BEIJING, Feb. 18 (Xinhua) -- The total value of imports and exports between China and its free trade agreement (FTA) partners reached 10.8 trillion yuan in 2021, up 23.6 percent year on year, Gao Feng, spokesperson with the Ministry of Commerce (MOC) told a press conference held on Wednesday.
During the same period, the growth rate of China's trade with its FTA partners was 2.2 percentage points and 2.4 percentage points higher than that of the overall foreign trade and the trade with non-FTA partners, according to Gao.
So far, China has signed 19 free trade agreements with 26 countries and regions, and the value of country's trade with its FTA partners covering Asia, Oceania, Latin America, Europe and Africa accounts for about 35 percent of its total foreign trade value, said Gao.
He added that in the next phase, the MOC will continue pushing forward China-Gulf Cooperation Council, China-Israel, China-Norway, China-Ecuador, China-Japan-Republic of Korea FTA negotiations for jointly promoting regional economic integration as well as trade and investment liberalization and facilitation. (Edited by Su Dan with Xinhua Silk Road, sudan@xinhua.org)
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