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Yunnan posts fast growth in trade with ASEAN

(Xinhua)
Updated: 2007-01-22 11:08

Trade between southwest China's Yunnan Province and ASEAN members amounted to 2.17 billion U.S. dollars last year, an increment of 630 million U.S. dollars, or 40.9 percent, from the previous year.

According to local customs sources, the trade volume, or 34.8 percent of the province's total external trade, included 1.63 billion

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U.S. dollars in export value, up 50 percent, and 540 million U.S. dollars in import value, up 15.6 percent.

Myanmar continued to be the top trade partner of Yunnan, with bilateral trade standing at 690 million U.S. dollars, or nearly one third of the province's total trade with ASEAN members.

It is noteworthy that Yunnan's trade with Singapore soared 250 percent to 480 million U.S. dollars last year.

Nonferrous metals remained as leading exports by Yunnan. Last year the province sold 330 million U.S. dollars worth of nonferrous metals to ASEAN members, up 130 percent, the local customs sources said.