China’s economy is helping the world’s economic recovery by building a new development pattern of domestic and international dual cycles to promote each other. Recent data show that under the severe impact of the world economy by the epidemic, China’s trade with many countries has grown against the trend and become a rare highlight in the global market.
China was the largest trading partner of the EU in the first nine months of this year.
According to the data released by Eurostat a few days ago, the total trade in goods between the EU and China in the first nine months of this year was 42.5 billion euros, an increase of 3% year-on-year.
China continues to maintain its status as the largest trading partner of the EU. Zhang Mingqian, head of the Chinese mission to the European Union, said that the strong purchasing power of Chinese consumers provides a broad market for EU products.
At the same time, China-EU trade provides great support for the cooperation between the two sides in the fight against the epidemic. The growth of China-EU trade against the trend cannot be separated from the incremental support brought about by the continuous exploration of potential and deepening cooperation between the two sides.
China became the largest source of goods importer to the United Kingdom for the first time.
According to the data released by the Office for National Statistics recently, the value of British imports from China in the second quarter of this year was 11 billion pounds.
By quarter, China became the largest source of goods importer to the UK for the first time.
British media: China has become a rare highlight in the global auto sales market
According to the Financial Times, in an environment where the world auto industry has been hit hard by the epidemic, global auto sales are expected to shrink by at least one-fifth in 2020.
However, with its successful anti-epidemic achievements, China has become a “rare highlight” in the global auto sales market. For the world’s major automobile manufacturers, the recovery of the Chinese market is indispensable.
Global multinational chief financial officers are optimistic about China’s economy
According to the fourth quarter survey released by the Global Chief Financial Officers Committee of Consumer News and Business Channel recently, chief financial officers of large multinational companies have a more positive outlook on China’s economy, from “stability” in the third quarter to “moderate improvement”, believing that China is the first to get rid of the impact of the coronavirus epidemic and achieve economic Economic growth.
