VGP – The bilateral trade between ASEAN and China hit US$105.22 billion in the first quarter of this year, up 4.9% against the same period in 2013.
According to the China-ASEAN Trade Area Quarterly Report released by the China-ASEAN Business Council in Beijing on April 30, China’s export to the ten-member group rose by 6.8% to over US$56.2 billion while its import expanded by 2.9% to nearly US$49 billion.
During the reviewed period, China imported over US$19.6 billion worth of electro-mechanics from ASEAN member countries, except from Brunei, Cambodia and Laos, down 7.91%, making up 40.17% of the country’s total import value to the bloc.
Meanwhile, China shipped nearly US$48.6 billion worth of these products to ASEAN, representing an increase of 8.75%.
Other goods such as minerals, rubber, plastics, garments and textiles also dominated trade ties between the two sides.
Between January and March, China’s direct and non-financial investment in ASEAN totalled US$1.05 billion. ASEAN also injected nearly US$1.97 billion in the country.
The two sides also inked new projects worth US$5.64 billion in the first three months of this year.
Apart from such statistics, the report also pointed out prospects and orientations for cooperation between China and ASEAN as well as difficulties hindering the bilateral trade ties.-VNA
Đăng ký: VietNam News