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People's Daily Online>>China Business

China-ASEAN trade steadily rising

By Ai Fang (People's Daily Overseas Edition)

11:22, November 21, 2011

Edited and translated by People's Daily Online

China's trade with the ASEAN in the first seven months of 2011 was up by about 26 percent to 296 billion U.S. dollars, according to China's General Administration of Customs on Nov. 17.

China's imports from the ASEAN were up by about 28 percent to 159 billion U.S. dollars, and its exports to the ASEAN were up 24 percent to 137 billion U.S. dollars, with a trade deficit of 21 billion U.S. dollars.

China's trade with the ASEAN in October was up by 19 percent to 29 billion U.S. dollars. China's imports from the ASEAN were up about 24 percent to nearly 16 billion U.S. dollars, while its exports to the ASEAN were up 15 percent to 13 billion U.S. dollars.

China's trade with each member of the ASEAN maintained double-digit growth in the first 10 months. China's trade with Malaysia, its largest ASEAN trading partner, was up 22 percent to 74 billion U.S. dollars in the first 10 months.

China's trade with Thailand and Singapore totaled 54 billion U.S. dollars and 43 billion U.S. dollars, an increase of 27 percent and 13 percent, respectively. Furthermore, China's trade with new ASEAN members including Vietnam, Myanmar, Cambodia and Laos was up by about 40 percent to 40 billion U.S. dollars.

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