(Xinhua)
Updated: 2007-12-10 10:39

Yunnan Province, which borders Myanmar, has more trade relations with the country than any other province of China and Myanmar-China border trade accounted for larger proportion of the two countries' bilateral trade. The trend of rising border trade was apparently up year after year especially the Myanmar-Yunnan bilateral trade.

It is anticipated that in the future development, transit trade to the third countries would be launched through the two countries ' border points to effectively implement the normal trade.  

According to Chinese official figures, in the first three quarters of 2007, China-Myanmar bilateral trade hit 1.435 billion US dollars, up 37.7 percent compared with 2006 correspondingly. Of the total, China's exports to Myanmar took 1.216 billion dollars, up 45.8 percent, while its import from Myanmar stood 220 million dollars, up 5.2 percent. China enjoyed a trade surplus of 996 million U.S. dollars.

The figures for 2006's China-Myanmar bilateral trade were registered at 1.46 billion US dollars. Among them, trade between the Yunnan province and Myanmar amounted to 692.08 million US dollars during the year, up 9.6 percent from the previous year. Of the total, Yunnan's exports to Myanmar represented 521 million US dollars, while its imports from Myanmar was valued at 171 million US dollars, the figures show.  

Main items that Yunnan imports from Myanmar are agricultural products, aquatic products, minerals, rubber and its products, while main items that Yunnan exports to Myanmar are electric and machinery, textile, chemicals, steel, daily-used products, pharmaceuticals and others.

The two countries have set a target for their annual bilateral trade to increase to 1.5 billion US dollars.  

Myanmar has a total of 13 main border trade points with its four neighbors, namely Muse, Lwejei, Laizar, Chinshwehaw and Kambaiti established with China since 1998, Tachilek, Kawthoung, Myawaddy and Myeik with Thailand since 1996, Tamu and Reedkhawdhar with India since 1995 and Maungtaw and Sittway with Bangladesh also since 1995.

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