UTC+8 ( BJT)

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.
“China’s monthly foreign trade value had been growing positively on year since June, making China the only country to see its trade value rise on year,” he commented at the press conference. “China also further solidified its position as the world’s top trading country in 2020,” he highlighted. For 2020, China had 531,000 enterprises dealing in

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