Women work at a denim fabric assembly line in Jinhua, East China’s Zhejiang Province on Wednesday. The company’s denim fabric production hit a new high in the first four months of the year, with exports, primarily to Europe, the Americas and Africa, soaring 78 percent year-on-year. Photo: cnsphoto
The China-Africa trade volume was $139.1 billion from January to July this year, an increase of 40.5 percent, the highest level, Ministry of Commerce (MOFCOM) said on Friday.
In particular, the imports from Africa have increased by 46.3 percent, reaching $59.3 billion, and imports of agricultural products such as rubber, cotton, and coffee have doubled over the same period last year, vice minister Qian Keming said.
China-Africa trade hits record high of $139.1 billion from January to July: MOFCOM – Global Times