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China’s Yunnan sees robust foreign trade growth in first 4 months

Abstract : China's Yunnan Province saw robust growth in its foreign trade in the first four months of 2021, local authorities said.

Aerial
photo taken on March 10, 2019 shows the city of Ruili in southwest
China’s Yunnan Province. Ruili, a city on the China-Myanmar border, is
an important land port located in southwest China. (Xinhua/Qin Qing)

KUNMING, May 19 (Xinhua) — China’s Yunnan Province saw robust growth in its foreign trade in the first four months of 2021, local authorities said.

During the period, the total import and export value hit nearly 96.7 billion yuan (about 15 billion U.S. dollars), an annual increase of 55.2 percent, said the provincial bureau of statistics.

Of the total, exports soared to over 53.9 billion yuan, marking a 128.8 percent increase from the same period last year, while imports jumped 10.5 percent year on year to over 42.77 billion yuan.

The added value of Yunnan’s major industrial enterprises increased by 16.6 percent year on year, the investment in fixed assets rose by 17.8 percent year on year, and the retail sales of social consumer goods grew by 22.4 percent year on year during the period. Enditem

About Xinhua Silk Road

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, include 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 Yunnan sees robust foreign trade growth in first 4 months

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