China's Trade Volume With Major Partners Rose in First Three Quarters, Except US-China, Customs Says(Yicai Global) Oct. 14 -- China's trade volume with its major partners increased in the first three quarters, except for that with the US, data released today by the country's General Administration of Customs show.
China's trade volume with EU was CNY3.57 trillion (USD505 billion) in the first nine months, up 8.6 percent from the same period last year. Trade with ASEAN members amounted to CNY3.14 trillion, up 11.5 percent. The volume with Japan was CNY1.58 trillion, up 0.1 percent. China-US commerce was, however, down 10.3 percent to CNY2.75 trillion.
China's overall trade volume was CNY22.91 trillion, up 2.8 percent for the first three quarters, including exports of CNY12.48 trillion, up 5.2 percent, and imports of CNY10.43 trillion, down 0.1 percent.
China's trade volume with the nations along the One Belt, One Road was CNY6.65 trillion in the aggregate, rising 9.5 percent to make up 29 percent of the country's overall trade volume, the Customs data also show.
Editor: Ben Armour
