China-France trade volume hits record high | 2019-03-24 |

China-France trade volume hits record high

24 March, 2019 12:00 AM printer

BEIJING: The bilateral trade volume between China and France surpassed 60 billion U.S. dollars, hitting a record high last year, the Ministry of Commerce (MOF) said Thursday.

The bilateral trade volume saw a 15.5-percent increase to 62.9 billion U.S. dollars, with France's exports of agricultural products, pharmaceuticals, cosmetics and luxury clothing seeing fast growth, MOF spokesperson Gao Feng told a news conference, reports Xinhua.

For the first two months in 2019, the bilateral trade volume grew 19.4 percent year on year to 10.6 billion U.S. dollars. China's imports of goods from France grew 42.2 percent, said Gao. In terms of investment, France is the fourth largest country in the European Union (EU) to invest in China and ranks third in attracting Chinese investment in the EU.