China-Africa trade expands 5.5% in 7 months

China's import and export volume with Africa reached 1.19 trillion yuan in the first seven months of the year, up 5.5 percent year on year, according to data from the General Administration of Customs. China has maintained its position as Africa's largest trading partner for 15 consecutive years. In 2023, China-Africa trade volume reached 282.1 billion U.S. dollars, up 1.5 percent year on year. The import volume of nuts, vegetables, flowers and fruits from Africa increased by 130 percent, 32 percent, 14 percent and 7 percent year on year, While China's exports of new energy products, lithium batteries and photovoltaic products to Africa increased by 291 percent, 109 percent and 57 percent year on year. In this regard, Sang Baichuan, president of the International Economics Research Institute of the University of International Economics and Trade, said that China and African countries enjoy strong economic complementarity, and the remarkable development of China-Africa trade ...