Current location:Worldly Waves news portal > sport
China's trade with other BRICS members up 11.3 pct in Q1
Worldly Waves news portal2024-05-07 18:19:44【sport】7People have gathered around
IntroductionBEIJING, May 1 (Xinhua) -- China's trade with other BRICS members hit 1.49 trillion yuan (about 209.
BEIJING, May 1 (Xinhua) -- China's trade with other BRICS members hit 1.49 trillion yuan (about 209.7 billion U.S. dollars) in the first quarter, up 11.3 percent year on year, according to customs authorities. The trade value accounted for 14.7 percent of the nation's total foreign trade value during the same period, said the General Administration of Customs (GAC). Among BRICS members, China's exports to Brazil and imports from it rose 25.7 percent and 30.1 percent year on year, respectively, in the first quarter. Trade between China and Russia continued to expand during the period, featured by growth in traded products such as energy, automobiles, as well as general machinery and equipment, according to the GAC. Trade between China and India grew 8.5 percent in the first quarter, marking growth for five consecutive quarters. Meanwhile, as China's largest trading partner in Africa for 14 consecutive years, South Africa saw robust growth in its trade with China. During the first quarter, China's exports to South Africa totaled 35.11 billion yuan, while its imports from the African nation stood at 66.46 billion yuan, said the GAC. Customs data showed that China has maintained good cooperation with Saudi Arabia and the United Arab Emirates in the field of energy trade. The two countries were among the top 10 sources of energy products imported into China in the first quarter. China also carried out practical cooperation with Egypt and Ethiopia in the field of infrastructure, while in the first quarter, China's export of contracted projects to the above two countries achieved rapid growth, according to the GAC. Meanwhile, Chinese-manufactured goods were popular in Iran, with China's exported goods purchased by the Iranian market growing 15.2 percent year on year in the first quarter, the data shows. Lyu Daliang, director of the GAC's Department of Statistics and Analysis, said that the value of goods trade among BRICS countries accounted for about 20 percent of the world's total. There remains great potential for trade to grow among BRICS nations and the bloc is expected to become an "accelerator" for global economic recovery and trade development, the official said. BRICS is the acronym for an emerging-market cooperative mechanism that initially featured Brazil, Russia, India, China and South Africa. On Jan. 1, 2024, Saudi Arabia, Egypt, the United Arab Emirates, Iran and Ethiopia joined BRICS.
(Editor:Liao Yifan)
Address of this article:http://netherlands.jewrs.com/news-80e199728.html
Very good!(82794)
Related articles
- A US company is fined $650,000 for illegally hiring children to clean meat processing plants
- Florida lawmakers pass bill to ban social media for children under 16
- Rustle these up with Rosemary: Chocolate fondants
- Ministry of Health calls staff meetings as job cuts loom
- FBI says an infant abducted from New Mexico park has been found safe; a suspect is in custody
- Lucy Boynton reveals why her Barbie character barely has any screen time
- The name's Johnson... Taylor
- Space X: Rocket set to slam into moon wrongly blamed on Elon Musk
- Who is youngest
- ESTHER RANTZEN: I asked Mail readers to help me plan my funeral. Your choices
Popular articles
Recommended
Late Baldé header steals dramatic 4
San Bernardino police arrest teen for murder of 14
The Iron Claw review: The Big Daddy of wrestling movies
Queen Camilla praises Kate Middleton
Russia critic Kara
First look: Prince Andrew 'car crash' interview with Emily Maitlis film trailer released by Netflix
Ashley Roberts puts on a leggy display in a tiny mini
Back to Black film: Does Marisa Abela sing her own songs in the Amy Winehouse biopic?
Links
- Xi Replies to Letter from Representatives of Kenyan Students, Alumni at Beijing Jiaotong University
- Three key takeaways from whirlwind China visits by global business executives
- US to suffer big setbacks in real estate
- Brazilian president inaugurates 1st shipment of meat exports to China
- China's homegrown manned airship completes first transfer flight
- US to suffer big setbacks in real estate
- Mexico denounces Ecuador to ICJ for embassy raid
- Xi Orders Curbing Repeated Occurrence of Safety Accidents After Deadly Street Shop Fire
- Xi Congratulates Felix Tshisekedi on Reelection as DR Congo's President
- Forest fire claims three lives in Guizhou