NextFin News -- The total trade value between China and ASEAN was 1.24 trillion yuan in January and February, a year-over-year increase of 20.3%, according to the General Customs of China/ The trade value between China and the EU was 998.94 billion yuan, representing an increase of 19.9% year over year. The trade value between China and the U.S. was 609.71 billion yuan, a decrease of 16.9%. During the same period, China's total imports and exports with countries participating in the Belt and Road Initiative amounted to 4.02 trillion yuan, an increase of 20%. In terms of foreign trade entities, in the first two months, private enterprises' imports and exports reached 4.51 trillion yuan, an increase of 22.8%; foreign-invested enterprises' imports and exports totaled 2.2 trillion yuan, an increase of 15.3%; and state-owned enterprises' imports and exports reached 1 trillion yuan, an increase of 7.4%.