China's trade with other APEC economies hits record high in Jan-Oct
1 month, 1 week ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the administration. Between January and October, intermediate goods accounted for over 45 percent of China's exports to other APEC economies. In terms of imports, intermediate goods made up over 80 percent of China's total imports from other APEC economies, with machinery, energy products and metal ores being among the fastest-growing categories, data from the administration showed.

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