China has become EU is largest trading partner
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- Issue Time
- Feb 20,2021
Summary
Among the top ten trading partners of the EU in goods,China is the only one that has achieved two-way trade growth
The trade data recently released by Eurostat shows that China will surpass the United States for the first time in 2020 and become the EU is largest trading partner. Among the top ten trading partners of the EU in goods,China is the only one that has achieved two-way trade growth
The growth of China-EU trade in 2020 against the trend is inseparable from the sound foundation of China-EU trade.In recent decades,China-EU economic and trade relations have been developing steadily.As of 2019,the EU has been China is largest trading partner for 16 consecutive years,and China has been the EU is second largest trading partner for 15 consecutive years.