BEIJING (China Daily/ANN): China's agricultural imports from the United States more than doubled in value during the first quarter of this year on a yearly basis, as the Sino-US phase-one trade deal has been gradually fulfilled despite the Covid-19 outbreak, customs data showed on Tuesday (April 14).
Since the first phase of the Sino-US trade agreement, signed in mid-January, has been gradually implemented, there have been some"positive factors" in the economic and trade ties between the two countries, Li Kuiwen, spokesman of the General Administration of Customs, said during a media conference.
Despite a pickup in agricultural imports, the country's total imports from the US decreased 1.3 per cent year-on-year to 191.46 billion yuan, the data showed. The world's two largest economies inked their phase-one trade pact on Jan 15, after year-long negotiations. Based on the deal, China will ensure it purchases and imports manufactured goods, agricultural goods and energy products from the US.
"It is necessary not only to create conditions to implement the first-phase of the economic and trade deal, but also to expand trade especially in medical devices, medicinal materials, equipment and to cooperate in vaccine research and development," Xu said.
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