BEIJING, March 10 (Xinhua) General Administration of customs 10th released the first two months of China's foreign trade import and export situation. According to customs statistics, from 1 to February this year, China's import and export value of 495.83 billion U.S. dollars, compared with the same period last year 28.3%. Exports of 247.47 billion U.S. dollars, an increase of 21.3%, imports of 248.36 billion U.S. dollars, growth of 36%, the cumulative trade deficit of 890 million U.S. dollars. In bilateral trade with major trading partners, Sino-EU bilateral trade amounted to $76.2 billion trillion and grew by 16.3% between 1 and February. During the same period, Sino-US bilateral trade amounted to 60.5 billion U.S. dollars, an increase of 22.6%. In addition, Japan returned to my third largest trading partner from 1 to February, with a total value of 48.85 billion U.S. dollars and a 28.8% increase in bilateral trade. ASEAN ranks as the fourth largest trading partner. In the export commodity, the mechanical and electrical products export growth is slow, the traditional commodity exports steady growth. Among the imports, imports of major commodities continued to grow, and the average price of imports rose markedly.
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