China is among the top three trading partners of 157 countries and regions — State Customs Office of China

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Aug. 25 (Xinhua) — China will be among the top three trading partners of 157 countries and regions by the end of 2024, Sun Meijun, director of the General Administration of Customs, said at a press conference on Monday.

According to the data she cited, in 2024, China's trade turnover with countries participating in the Belt and Road Initiative reached 22 trillion yuan (approximately 3 trillion US dollars), or more than 50 percent of the country's total import and export volume.

The average annual growth rate of trade turnover with emerging markets, including ASEAN, Latin America, Africa and Central Asia, has exceeded 10 percent since the beginning of the 14th Five-Year Plan (2021-2025) in China, Sun Meijun noted.

The head of the department emphasized China's commitment to international cooperation. Since 2021, the General Administration of Customs of the People's Republic of China has signed 519 cooperation documents with foreign partners, she said. -0-

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