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China’s Guangxi sees growing foreign trade in first 4 months

Abstract : Foreign trade in south China's Guangxi Zhuang Autonomous Region grew by 41.1 percent year on year to 189.6 billion yuan (about 29.5 billion U.S. dollars) in the first four months of this year, the local customs said.

NANNING, May 17 (Xinhua) — Foreign trade in south China’s Guangxi Zhuang Autonomous Region grew by 41.1 percent year on year to 189.6 billion yuan (about 29.5 billion U.S. dollars) in the first four months of this year, the local customs said.

During the period, exports hit 104.51 billion yuan, up 45.9 percent year on year, while imports reached 85.09 billion yuan, up 35.5 percent, according to Nanning Customs.

Guangxi’s trade with countries involved in the Belt and Road Initiative rose by 46.3 percent year on year to 104.73 billion yuan.

The region’s private businesses enjoyed a strong performance, with a total import and export value of 121.92 billion yuan, up 41.2 percent from the same period last year.

In terms of products, the export and import of mechanical and electrical products grew by 49 percent and 45.6 percent, respectively. Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s Guangxi sees growing foreign trade in first 4 months

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