China-ASEAN trade up 4.8% in H1
Updated: 2014-07-22 16:19
(Xinhua)
|
|||||||||||
BEIJING - Trade between China and the Association of Southeast Asian Nations (ASEAN) grew 4.8 percent year on year to $220.69 billion in the first half of the year, according to the Ministry of Commerce (MOC) on Tuesday.
Investment between China and ASEAN hit $120 billion at the end of June this year, with $80 billion from ASEAN and $40 billion from China, said Chen Zhou, an official of the MOC, at a press conference.
Among ASEAN members, Singapore has continued to lead in investing in China with $7.2 billion in investment last year, Chen said.
Malaysia became the first among ASEAN members to handle more than $100 billion in trade with China in 2013, as well as the third Asian country to handle more than $100 billion in trade with China annually, after Japan and the Republic of Korea, he said.
Trade between China and ASEAN rose 10.9 percent to $444 billion in 2013, exceeding the 7.6 percent increase in China's total foreign trade.
China is the largest trading partner of ASEAN and ASEAN has emerged as China's third-largest partner, a major investment destination and an important tourist destination.
|
|
TCM harvesting in Central China |
Related Stories
Chinese TV networks plan ASEAN alliance 2014-07-17 07:17
FTA negotiation commences between China's HK and ASEAN 2014-07-11 16:03
Global recovery bodes well for China's trade 2014-07-07 23:08
Over 80 Lao booths to run at China-ASEAN Expo 2014 2014-07-01 17:43
Stressed ties 'don't hurt' investment flows 2014-06-18 07:13
Today's Top News
Black boxes handed over from crash site
News as fast food not a healthy diet
Huawei bolsters UK presence
EU extends sanction relief on Iran
Int'l investigation team on MH17 formed
Meat supplier of McDonald's, KFC suspended in Shanghai
Gaza death toll pass 100
Lunar rover is 'awake'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Reading into an online age |
China helps fight international war on drugs |
Crackdown on terrorist attacks |
My China Story: Meeting the master |
Long march to end employment bias |
Variety is the spice of academic life |