BILATERAL trade between china and the European Union (EU) rose robustly in the first quarter, said Gao Feng of the Ministry of Commerce said, rising 12.2 per cent year on year to reach US$205.87 billion, reports Xinhua.
In the first quarter, bilateral trade in mechanical and electrical products, light industrial goods, and high-tech products climbed 10 per cent, 19 per cent, and 31 per cent, respectively.
China and the EU share broad common interests and a profound foundation for cooperation. 'The two economies are highly complementary,' Mr Gao said.
Deepening bilateral cooperation is beneficial to both sides and the recovery of the world economy, he said.
China is ready to work with the EU to maintain the stability of the industrial and supply chains and foster new growth drivers in epidemic prevention, digital, science, and technology to inject impetus into bilateral economic and trade cooperation development, Mr Gao said.
SeaNews Turkey
In the first quarter, bilateral trade in mechanical and electrical products, light industrial goods, and high-tech products climbed 10 per cent, 19 per cent, and 31 per cent, respectively.
China and the EU share broad common interests and a profound foundation for cooperation. 'The two economies are highly complementary,' Mr Gao said.
Deepening bilateral cooperation is beneficial to both sides and the recovery of the world economy, he said.
China is ready to work with the EU to maintain the stability of the industrial and supply chains and foster new growth drivers in epidemic prevention, digital, science, and technology to inject impetus into bilateral economic and trade cooperation development, Mr Gao said.
SeaNews Turkey