China’s foreign trade reached a new high of $3.5 trillion, up 6.2% year-on-year, in Jan. – July, Beijing-based news agency Xinhua reported on Wednesday, citing official data, Caspian Energy Media reports with reference to “Anadolu Agency”.

China’s exports surged 6.7% year-on-year to $2.01 trillion and imports climbed 5.4% to $1.49 trillion in the same period, the news report revealed.

Meanwhile, China’s trade surplus soared 7.9% year-on-year to $518 billion in the first seven months of the year.

The report showed that the Association of Southeast Asian Nations (ASEAN) was China’s biggest trading partner, as the bilateral trade volume surged 10.5% on an annual basis to $545.8 billion, making up 15.8% of China’s foreign trade.