11 minutes agoCommercial circulation between China and Russia in 2017 marks tremendous growth
Periskopi(9 years ago)
(9 years ago)Trade circulation between China and Russia in July has increased by 19.4% compared to last year's, China Customs General Administration officials announced on Tuesday. The total volume of bilateral trade in July reached $7.02 billion, while in 2016 the figure was $5.65 billion, according to the Administration [...]
Trade circulation between China and Russia in July has increased by 19.4% compared to last year's, China Customs General Administration officials announced on Tuesday.
The total volume of bilateral trade in July reached $7.02 billion, while in 2016 the figure was $5.65 billion, according to the Chinese Customs Administration.
Chinese exports and imports from Russia reached $3.96 billion, respectively, $3.05 billion.
From January to July 2017, the bilateral trade between Russia and China reached 46.82 billion dollars, pointing to an increase of 25.5 per cent from the same period last year, “reported. Sputnik International” Transmission Periscope.
Chinese exports have increased by 21.8 per cent year-on-year during the January-July period, while import figures show an increase of 29.5 per cent.
In 2016, the trade circulation between Beijing and Moscow increased by 2.2 percent to 69.5 billion dollars, according to Chinese data.
China's exports to Russia increased by 7.3 percent, reaching $33.3 billion, while the value of imports from Russia dropped by 3.1 percent to $32 billion.
On the other hand, the Russian Federal Customs Service indicated that the trade circulation among the countries was $66.1 billion./Periscopi/
