GUANGZHOU (China), Feb 4 (Bernama-Xinhua) -- Trade between China and other Asia-Pacific Economic Cooperation (APEC) economies during the 14th Five-Year Plan period (2021-2025) totalled 125.49 trillion yuan (about US$18.05 trillion), which was up 39.4 per cent from the previous five years, official data showed on Wednesday, reported Xinhua.
The figure for 2025 alone came in at 26.29 trillion yuan, accounting for nearly 60 per cent of China's total foreign trade that year, according to the first plenary meeting of the 2026 APEC Sub-Committee on Customs Procedures (SCCP) held in Guangzhou, the capital of south China's Guangdong Province.
Zhao Zenglian, deputy head of the General Administration of Customs (GAC), highlighted the Asia-Pacific region's role as the world's growth engine, noting that its total economic volume now represents over 60 per cent of the global economy.
As SCCP chair for 2026, the GAC has proposed three initiatives: deepening cooperation under the smart customs partnership, enhancing supply-chain resilience and accelerating digital transformation.
--BERNAMA-XINHUA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
