According to the data issued by the Chinese customs authorities, in January-April this year China’s total foreign trade value amounted to $1.4 trillion, indicating a year-on-year decline of 1.1 percent.
In particular, in the given period, Chinese exports to the EU, the ASEAN region, South Korea and Russia rose by 14.2 percent, 13.4 percent, 7.7 percent and 9.1 percent, year on year, as announced by Ministry of Commerce (MOC).
At the same time, in the January-April period this year, China’s foreign trade value with the countries in the One Belt, One Road area indicated a year-on-year rise of 9.1 percent, accounting for 28.7 percent of its total foreign trade value.