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The Asia-Pacific Economic Cooperation (APEC) is a significant economic cooperation platform in the Asia-Pacific region.

China's complete industrial system aids other economies in better production and enhances the quality of life for their people. In the first months, China's exports of intermediate goods to other economies reached 1.4 trillion yuan, an increase of 8.6%, accounting for 46.5% of China's total exports to other economies during the same period. Among these, exports of electronic components, automotive parts, parts for automatic data processing equipment, and flat panel display modules increased by 10.4%, 10.3%, 12.1%, and 18.5%, respectively. Concurrently, China exported a large volume of consumer goods to other economies, including textiles and clothing (1.1 trillion yuan, up 10.2%), vegetables and fruits (275.3 billion yuan, up 10.6%), furniture and televisions (149.6 billion yuan, up 10.2%), and passenger vehicles (104.1 billion yuan, up 10.3%).

China's high-quality development offers other economies broader markets and more opportunities. In the first months, China's imports of intermediate goods from other economies reached 1.4 trillion yuan, an increase of 8.8%, accounting for 64.5% of the total imports from other economies. Among them, mechanical and electrical intermediate goods amounted to 8.6 trillion yuan, up 8.2%; energy products 3.1 trillion yuan, up 7.1%; and metal ores 1.7 trillion yuan, up 12.3%.

Planning/Pengyu

Editor/Sun Nan

Review/Time

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