China's General Administration of Customs announced that in the first quarter of the year, China's foreign trade volume increased by 4,8 percent compared to the same period of the previous year, reaching 9 trillion 890 billion yuan. According to the data, China's total export volume in the first quarter amounted to 8,4 trillion 5 billion yuan, increasing by 650 percent compared to the same period last year; The volume of imports increased by 0,2 percent and reached 4 trillion 240 billion yuan.
In the first quarter, while ASEAN continues to be China's largest trading partner, the trade volume with ASEAN countries increased by 16,1 percent compared to the same period last year, reaching 1 trillion 560 billion yuan, which is 15,8 percent of China's total foreign trade value. created the .
In addition, China's trade volume with EU countries was recorded as 1 trillion 340 billion, with the USA as 1 trillion 110 billion, with Japan as 546 billion 410 million, and with South Korea as 528 billion 460 million yuan. On the other hand, China's trade volume with countries on the Belt and Road route increased by 16,8 percent compared to the same period of the previous year, reaching 3 trillion 430 billion yuan; The trade volume with RCEP countries increased by 7,3 percent to 3 trillion 80 billion yuan.