China 2020 foreign trade value, global ratio hit records

China’s foreign trade value hit a record of Yuan 32.16 trillion ($4.97 trillion) for the whole 2020, higher by 1.9% year, while the country’s contribution to global trade reached 12.8% over January-October, according to the official data from the World Trade Organization, also a record high, shared Li Kunwen, the spokesperson of China’s General Administration of Customs on January 14.