State Council: Trade Partner and China

state council: Photo by Ren Chao/Xinhua The Association of Southeast Asian Nations ASEAN has replaced the US to be the second-biggest trade partner of China in the first half of 2019, while China remained the biggest trade partner of the bloc for the 10th consecutive year, customs data showed, according to Global Times China. The figures highlighted closer regional cooperation in a time of rising global protectionism and unilateralism. The Thailand Day event was held at the Beijing International Horticultural Exhibition on Sunday. Bilateral trade between China and ASEAN member countries increased 4.2 percent to reach 291.9 billion in the first six months of this year, Li Chenggang, an official of China's Ministry of Commerce told a press briefing of the State Council on Wednesday. Li also noted that the 27th round of the Regional Comprehensive Economic Partnership negotiations has been held in Zhengzhou, capital of Central China's Henan Province from July 22 to July 31. In 2018, the total cumulative investment between China and ASEAN stood at 205.71 billion, growing 22 times over the previous 15 years. (news.financializer.com). As reported in the news.