dollars, up 13.8 percent year on year.īy the end of July this year, China and ASEAN had become each other's most active investment partners, with cumulative two-way investment exceeding 340 billion dollars, Chinese customs data showed. Bilateral trade, growing against the odds of the COVID-19 pandemic in the past three years, hit a record high in the first 10 months of 2022 by reaching 798.4 billion U.S. They have become each other's largest trading partners. Regional economic and social development stand to benefit as the two sides strengthen relations.Ĭhina and ASEAN are global manufacturing bases that boast colossal consumer markets. 13 (Xinhua) - Amid a complex international environment, trade between China and the Association of Southeast Asian Nations (ASEAN) continues to grow and show tremendous potential.
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