Home » Business » Trade between China and CEE countries is increasing by an average of 8.1% per year – 2024-02-27 11:31:03

Trade between China and CEE countries is increasing by an average of 8.1% per year – 2024-02-27 11:31:03

/ world today news/ “Cooperation between China and the countries of Central and Eastern Europe is an important component of Sino-European cooperation. Since the beginning of the cooperation mechanism between China and CEE countries in 2012, the bilateral economic and trade partnership has made positive progress,” said a representative of the Ministry of Commerce at today’s press conference of the State Council press office.

“Since 2012, trade between China and the countries of Central and Eastern Europe has increased by an average of 8.1% per year. China’s imports from these countries increased by an average of 9.2% per year. In the first quarter of this year, trade reached US$33.3 billion, an increase of 1.6% year-on-year,” the representative said. Chinese investments in CEE countries are mainly in the sectors of auto components, home electrical appliances, pharmaceuticals, logistics, energy, mining, etc.

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