China propels regional trade with FTAs

During the period of China's 12th Five-Year Plan (2011-15), the global economy experienced a downturn, however the regional trade volume increased mainly thanks to free trade agreements.

In recent years, the exports of major economies and emerging markets have slowed and China's trade and economic development have also faced downward pressure. However, China's trade growth overall has remained stable.

In 2014, China's total trade in goods reached $ 4.3 trillion, an increase of 18.1 percentage points over 2011. It accounted for 11.3 percent of total world trade, the most in the world.