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Zhongshou became Europe's largest trading partner

  • Author:Kyrie
  • Source:Sunny
  • Release Date:2020-09-19
According to the public account of the "Chinese Mission to the European Union" on September 17, Eurostat released data on September 16. In the first seven months of 2020, the total import and export volume between the 27 EU member states and China was 328.7 billion euros, an increase of 2.6 %. For the first time, China became the largest trading partner of the European Union, surpassing European and American trade volume of 5.2 billion euros. At the same time, China maintained its position as the EU's largest source of imports and the third largest export market, accounting for 21.9% and 10.3% respectively.


   According to the website of the Ministry of Commerce, the Ministry of Commerce held a regular press conference on September 17.

A reporter asked. According to German media reports, from April to June, Germany’s total exports to China approached 23 billion euros. For the first time, Germany’s quarterly exports to China surpassed quarterly exports to the United States and other countries. German exporters to China Business dependence is greater than ever. How does the Ministry of Commerce comment on this?

   Gao Feng, spokesperson of the Ministry of Commerce, said that China and Germany have long been the most important trading partners in their respective regions. According to German statistics, since 2016, China has become Germany's largest trading partner in the world. In the second quarter of this year, China has become Germany's largest export market.

   The rapid development of Sino-German trade has benefited not only from the good bilateral relations and complementary economic advantages of the two countries, but also from China's continuous opening up. The pattern of Sino-German trade development is the result of win-win cooperation between the companies of the two countries in accordance with the principles of marketization and WTO rules, and has met the market needs of both parties.

   Since the outbreak of the new crown pneumonia epidemic, China and Germany have actively carried out medical supplies cooperation, strengthened macroeconomic policy coordination, facilitated the cross-border movement of people and goods, and created favorable conditions for the stable development of Sino-German trade. On the evening of September 14, the leaders of China, Germany and Europe held a video meeting, which pointed out the direction for the development of China-EU relations in the next stage. We are willing to work with Germany to earnestly implement the important consensus reached by leaders, promote the quality and upgrade of China-Germany and China-EU economic and trade cooperation, release more development opportunities, and inject new impetus into the global economic recovery.