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Mapping 2021 economy: Foreign trade

2022-03-08

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As a major engine of economic growth, China's foreign trade of goods reached an all-time high last year, remaining one of the best performing macroeconomic sectors in 2021.
China remains the major trade partner of more than 120 countries and regions around the globe, exported products ranging from baseball cap, clothes, mugs etc. daily necessities to electronics and medicines.

The RECP agreement signed by 15 Asia-Pacific countries including China has entered into force on Jan 1, 2022, creating the world's largest trade bloc. Last year, China also filed applications to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership Agreement.

Look forward to a prosperous world economy in 2022.


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