Global EditionASIA 中文双语Français
Home / Business / Macro

Central China province sees robust trade with BRI countries in H1

Xinhua | Updated: 2019-07-16 17:05
Share - WeChat
The Belt & Road Brand Expo in Shanghai, June 30, 2018. [Photo/IC]

CHANGSHA - Central Hunan province's trade with countries participating in the Belt and Road Initiative (BRI) posted robust growth in the first half of this year, official data showed Tuesday.

Trade with BRI countries totaled 51.46 billion yuan ($7.48 billion) during this period, up 53.6 percent year-on-year and outpacing the growth rate of the province's total H1 trade by 13.5 percentage points, said Changsha Customs.

The total value of imports and exports in Hunan remained stable growth by expanding 40.1 percent year-on-year to 182.3 billion yuan. In June, the value exceeded 40 billion yuan, up 61.6 percent year-on-year .

According to Changsha Customs, the domestic economy was basically good in the first half of this year, which provided strong support for the province's foreign trade development.

Besides, the enlarging "circle of friends" and diversified markets contributed to the booming growth of Hunan's foreign trade.

Hong Kong remained the biggest trade partner of Hunan in the first six months, with the trade value increasing 64.1 percent to 27.35 billion yuan. While the trade between the province and the European Union recorded 27.13 billion yuan, up 62.3 percent year-on-year .

The province witnessed its trade with Africa entering "the best stage" in history, up 45.6 percent year-on-year to 11.18 billion yuan.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349