CHINA-ECONOMY: CHINA'S FOREIGN TRADE VOLUME REACHED 31.67 TRILLION YUAN IN FIRST TEN MONTHS OF THE YEAR

CCTV (November 27) telecast news that in the first year of the 14th Five-Year Plan, China's foreign trade scale and international market share reached new highs, and high-quality development was steadily advancing, which strongly promoted the growth of the national economy. It said the  volume of import and export of goods trade in the first 10 months was 31.67 trillion yuan, an increase of 22.2% year-on-year. It was 130 billion yuan higher than the 31.54 trillion yuan in 2019. It said in the first 10 months, China's imports and exports with major trading partners such as ASEAN, the European Union, and the United States increased by more than 20%, and imports with countries along the “Belt and Road” increased by 23%. The growth rates of imports and exports to Latin America and Africa were also 10.3 and 5.2 percentage points higher than the overall growth rate.





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