Hey there! Have you ever wondered how countries share things they make with each other? This is called trade, and it’s like when you swap snacks with friends at lunch! ππ₯ͺ
In May, the Chinese mainland had some exciting news. Their exports (that’s stuff they sell to other countries) grew by 6.3% compared to last year! That means more countries are buying things made in China. Cool, right?
But wait, there’s more! Trade with Africa reached a record high. From January to May, the Chinese mainland and Africa traded goods worth over 963 billion yuan (that’s more than $134 billion)! π
Exports to Africa soared by 20.2%, and in May alone, they jumped an amazing 35.3%! This shows that people in Africa really like buying products from the Chinese mainland. ποΈ
Not just Africa, but trade with places like the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) also went up by 16.9% and 13.7%, respectively. The world is connected more than ever! ππ€
Do you know about high-tech products? These are things like electric cars and robots. Exports of these cool items from the Chinese mainland are also growing fast. Electric vehicle shipments went up by 19%, and industrial robot exports surged by a whopping 55.4%! ππ€
This growth in trade helps the economy, which is like a giant piggy bank for a country. Even though there are global challenges, the Chinese mainland’s trade with other countries is helping everyone stay strong together. It’s like teamwork on a global scale! ππ
Isn’t it fascinating how countries work together through trade? Maybe one day, you’ll be part of this global exchange too! π
Reference(s):
China's exports grow 6.3% in May as trade with Africa sees big jump
cgtn.com