BEIJING, June 9 (Xinhua): Trade between China and the Association of Southeast Asian Nations (Asean) grew 1.2 per cent year on year to 1.12 trillion yuan (US$181.75 billion) in the first five months of this year, Chinese customs data showed on Sunday.
The growth came amid a 2.2-per cent decline in China's general trade during the same period in yuan-denominated calculations, according to the data released by the General Administration of Customs.
During the January-May period, Chinese exports to Asean expanded 4.1 per cent to 621.01 billion yuan, compared with a 2.7 per cent drop in the nation's general exports, the data showed.
Meanwhile, imports from the Asean went down 2.2 per cent to 498.57 billion yuan, with the drop deeper than a 1.6 per cent decline in the nation's general imports, the data showed.
Analysts said that economic cooperation between China and the Asean has remained stable, even though political and economic instability in some Asean countries has brought down bilateral trade growth from a high gear since the first quarter of the year.
But trade has proved resilient despite the ambivalent world economic recovery and growing protectionism. Trade rose 10.9 per cent to $444 billion in 2013, exceeding the 7.6 per cent increase in China's total foreign trade.
China-Asean trade up 1.2pc in Jan-May
FE Team | Published: June 10, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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