Trade between China, other RCEP members rises to $1.72t

Imports and exports between China and the other 14 members of the Regional Comprehensive Economic Partnership totaled 10.96 trillion yuan (about $1.72 trillion) in the first 11 months of this year, according to Chinese customs data.

The figure accounts for 31 percent of China's total foreign trade value, the General Administration of Customs said on Wednesday.

The country has taken steps to further facilitate trade with the other RCEP members, including familiarizing companies with relevant import and export procedures and advancing the mutual recognition of Authorized Economic Operators with five RCEP members, the GAC said.