Product
Supplier
Encyclopedia
Inquiry
Home > News > Valuable News > China's foreign trade ranks first in the world as the second largest market

China's foreign trade ranks first in the world as the second largest market

ECHEMI 2019-10-09

stock-market

Minister of Commerce, 29, said that the total retail sales of social consumer goods increased from 27 billion 700 million yuan in 1952 to 38 trillion yuan in 2018. It has become the second largest consumer market in the world. Consumption has been the first driving force for China's economic growth for five consecutive years. China's foreign trade ranks first in the world, and its total foreign trade volume is 1950 from that of the world's 70th anniversary largest consumer market in 2018. In 2018, $1.13 billion increased to $4.6 trillion, making it the largest trading country in goods. In addition, in 2018, the total amount of foreign investment and foreign investment in China reached the second largest in the world.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.