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China Daily | Updated: 2020-10-30 00:00
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Foreign trade up by 2.7% in Shenzhen

Foreign trade rose by 2.7 percent on a yearly basis to 2.18 trillion yuan ($326.8 billion) during the first three quarters of the year in Shenzhen, official data showed. Exports fell by 0.9 percent to 1.19 trillion yuan during the period, while imports rose by 7.3 percent to around 990.4 billion yuan, according to the Shenzhen Customs department.

Cross-border RMB settlements rise

Cross-border renminbi settlements in Southwest China's Yunnan province since 2010 reached 568 billion yuan ($84.4 billion) on a cumulative basis. Since 2014, the renminbi has become Yunnan's largest cross-border settlement currency with ASEAN countries, with Myanmar, Vietnam and Singapore topping market shares, according to the local branch of the central bank.

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