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China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world.
Free Trade Agreement [13] Switzerland: 6 July 2013 1 July 2014 Free Trade Agreement [14] South Korea: 1 June 2015 20 December 2015 Free Trade Agreement [15] Australia: 17 June 2015 20 December 2015 Free Trade Agreement [16] Georgia: 13 May 2017 1 January 2018 Free Trade Agreement [17] Maldives: 7 December 2017 1 January 2025 Free Trade Agreement
China was also the world's largest exporter and second-largest importer of goods. [1] China is a member of numerous formal and informal multilateral organizations, including the WTO , APEC , BRICS , the Shanghai Cooperation Organisation (SCO), the BCIM , and the G-20 .
In 2020, China signed major free trade agreements with the European Union as well as fifteen different Asia-Pacific countries. [11]: 259 As of at least 2023, China is the world's largest exporter, a status it has maintained continuously since 2010. [12]: 88 Effective 1 December 2024, China eliminated tariffs for goods imported from all of the ...
The China Council for the Promotion of International Trade (CCPIT), also called the China Chamber of International Commerce (CCOIC), is a trade body founded in 1952. [1] CCPIT is controlled by the Ministry of Commerce. [2] [3]
Exports to Mainland China are included. Exports in bn. US$ Source Year Hong Kong: 535.6 [33] 2023 Taiwan: 432.5 [34] 2023 Macau: 1.9 [35] 2022 References
History of foreign trade in China (4 C, 76 P) N. New areas (China) (17 P) S. Special Economic Zones of China (3 C, 64 P) T. Trade associations based in China (1 C, 9 P)
The following is a list of the exports of China. Data is for 2022, in billions of US$ , as reported by the Observatory of Economic Complexity . The top thirty exports are listed.