General Administration of Customs: The impact of Sino-US economic and trade frictions on China's foreign trade is generally manageable
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Last Update: 2020-06-27
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Source: Internet
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Author: User
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China-U.Strade volume increased by 6.5% YoY in the first three quarters of the year Official: The impact of economic and trade friction sourcing overall controllableCff, Beijing, October 12 (Reporter Li Xiaoyu) China's General Administration of Customs released the latest data on The first three quarters of 2018, China-U.Sbilateral trade volume was 3.06 trillion yuan (RMB, the same below), up 6.5% YoYCff
Although this growth rate was 1.3 percentage points faster than in the first half of the year, it was not as high as the growth of China-EU trade with ASEAN and the 9.9% growth rate of China's foreign trade in the same periodCff
Among them, China's exports to the U.Sin the first three quarters were 2.27 trillion yuan, up 7.4% YoY, 1.7 percentage points faster than in the first half of the year, while imports from the U.Swere 798.13 billion yuan, up 3.8%, down 0.2 percentage points from the first half of the yearCff
In the month of September, China imported and exported 405.54 billion yuan to the U.S., up 13.1% year-on-yearAmong them, exports to the U.S grew by 16.6 percent, while imports from the U.S grew 1.6 percent Cff
Currently, the United States remains China's second largest trading partner Cff
Li Quiwen, a spokesman for the General Administration of Customs, said at a press conference held by the State Administration of China on the same day that bilateral trade between China and the United States is relatively complementary, and market choices have allowed the two countries to form a "you have me, I have you" interest pattern "China has a complete industrial chain and strong manufacturing capabilities, and the U.S market has a strong dependence on Chinese-made products Cff said that although there are still some uncertain and unstable factors in the field of international economic and trade, especially the Sino-US economic and trade frictions have caused some troubles and shocks to China's foreign trade development, but the direct and indirect impact is "generally controllable" Cff China-U.S trade volume grew 6.5% YoY in the first three quarters Of China: The impact of economic and trade friction sourcing overall controlled Cff China News Agency, Beijing, October 12 (Reporter Li Xiaoyu) The latest data released by the General Administration of Customs of China showed that bilateral trade between China and the United States in the first three quarters of 2018 amounted to 3.06 trillion yuan (RMB, the same as below), up 6.5% YoY Cff
Although this growth rate was 1.3 percentage points faster than in the first half of the year, it was not as high as the growth of China-EU trade with ASEAN and the 9.9% growth rate of China's foreign trade in the same period Cff
Among them, China's exports to the U.S in the first three quarters were 2.27 trillion yuan, up 7.4% YoY, 1.7 percentage points faster than in the first half of the year, while imports from the U.S were 798.13 billion yuan, up 3.8%, down 0.2 percentage points from the first half of the year Cff
In the month of September, China imported and exported 405.54 billion yuan to the U.S., up 13.1% year-on-year Among them, exports to the U.S grew by 16.6 percent, while imports from the U.S grew 1.6 percent Cff
Currently, the United States remains China's second largest trading partner Cff
Li Quiwen, a spokesman for the General Administration of Customs, said at a press conference held by the State Administration of China on the same day that bilateral trade between China and the United States is relatively complementary, and market choices have allowed the two countries to form a "you have me, I have you" interest pattern "China has a complete industrial chain and strong manufacturing capabilities, and the U.S market has a strong dependence on Chinese-made products Cff said that although there are still some uncertain and unstable factors in the field of international economic and trade, especially the Sino-US economic and trade frictions have caused some troubles and shocks to China's foreign trade development, but the direct and indirect impact is "generally controllable" Cff
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