Potential for higher trade volume between China and CEEC

Published: 03.06.2019 Related countries:  China China

Trade between PRC and CEEC grows, yet still low compare to rest of the EU.

Ministry of commerce of PRC showed that in the first four months of 2019, the total trade volume between China and the European Union reached 5.9% year-on-year to $220 billion, while the trade with CEEC grew by 7.9% year-on-year to $28.55 billion. According to Li,assistant Minister of commerce,the trade volume between China and CEEC accounted only 13% of trade volume between China and Europe. Thus, Mr. Li see big petential to grow.