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China-CEEC trade rises 11% in first half, customs data shows
Customs data show vehicles, batteries and agricultural trade helped drive the 10-year growth streak, with bilateral agricultural trade up 16.2%.
- Trade between China and Central and Eastern European countries rose by 11% year on year to 580.12 billion yuan in the first half of 2023, continuing a decade-long growth trend.
- The total trade value in the first half of 2023 was 3.7 times higher than in the same period in 2012, according to Lyu Daliang from the General Administration of Customs of China.
- Chinese companies have set up vehicle production and research facilities in Serbia and Poland, and battery plants in Hungary recently.
- Bilateral agricultural trade grew 16.2% to 7.58 billion yuan in the first half of 2023, supported by infrastructure projects under the Belt and Road Initiative.
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Total News Sources39
Leaning Left5Leaning Right7Center21Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
15%
C 64%
R 21%
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