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China-ASEAN Trade Index released for first time

The China-ASEAN Trade Index was released for the first time during the ongoing 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning - the capital city of China's Guangxi Zhuang Autonomous Region.
China-ASEAN Trade Index released for first time ảnh 1Containers at a port in China (Photo: AFP/VNA)
Hanoi (VNA) - The China-ASEAN Trade Index was released for thefirst time during the ongoing 18th China-ASEAN Expo and China-ASEAN Businessand Investment Summit held in Nanning - the capital city of China's Guangxi Zhuang AutonomousRegion.

The 2020 index stood at 241.09 points, up 19.64 percent againstthat of 2019 and 141.09 percent compared with 2010.

The index, jointly released by China's GeneralAdministration of Customs and the administration of Guangxi on September11, was established based on such dimensions as trade closeness, trade quality,trade potential, trade vitality and trade environment.

This year marks the 30th anniversary of China-ASEAN dialoguerelations. Over the past 30 years, trade between China and ASEAN countries hasincreased by 85 times. China has remained ASEAN's largest trading partner for12 consecutive years, and in 2020, ASEAN also became China's largest tradingpartner./.
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