China’s trade with ASEAN stood at about 299 billion USD in the first six months, up 5.6 percent year on year. Exports to ASEAN rose 3.4 percent to some 164 billion USD, while imports climbed 8.5 percent to 134 billion USD.
According to insiders, the expansion was partly buoyed by growing farm produce trade with ASEAN members under the upgraded protocol of the China-ASEAN Free Trade Area, which came into effect in October 2019,. The farm produce trade between the two sides grew 13.2 percent in H1.
During the same period, China‘s trade with Vietnam jumped 18.1 percent, pushing the bilateral trade volume to the top place among ASEAN members./.
