Hello everyone! In a major boost for regional trade, the economic ties between China and its five Northeast Asian partners reached an impressive $901.6 billion in 2024. This figure, up 1.6% year on year, now accounts for nearly 15% of China’s total foreign trade. 🚀
China has long been the largest trading partner for Russia, Mongolia, the Democratic People’s Republic of Korea, the Republic of Korea, and Japan. Two-way investments between China and these countries exceeded $7 billion in 2024, driving growth in emerging sectors such as the digital economy, green development, advanced manufacturing, and modern services – areas that are particularly exciting for tech-savvy and future-focused professionals across South and Southeast Asia.
Looking ahead, the 15th China-Northeast Asia Expo is set to take place in Changchun, Jilin Province from August 27 to 31, 2025. Under the theme "Joining Hands in Northeast Asia for a Shared Future Through Openness," the expo promises to further strengthen economic collaboration and foster innovative ideas, reflecting a vibrant vision for the future. 😎
This surge in trade and investment is a great reminder of how regional cooperation fuels technological innovation and sustainable growth – trends that resonate with today’s dynamic, forward-thinking communities.
Reference(s):
cgtn.com
