Briefly

China, Vietnam get new freight service

Southwest China's Chongqing municipality has launched a new highway-based cross-border freight line with Vietnam, local authorities said. Traveling about 1,400 kilometers, trucks from Chongqing can pass through the Longbang Port in South China's Guangxi Zhuang autonomous region before arriving at their destinations in Vietnam in around two days. The new line will provide safe and timely delivery of goods, thus further promoting trade between western China and the Association of Southeast Asian Nations or ASEAN.

Jiangxi's foreign trade up 10.6% in Jan-Aug

The foreign trade of East China's Jiangxi province saw robust growth in the first eight months of this year, local Customs authorities said. Jiangxi's import and export volume rose by 10.6 percent year-on-year to more than 301 billion yuan ($46.69 billion) from January to August, according to the Nanchang Customs. Exports were worth 219.5 billion yuan, up 10.2 percent year-on-year, while imports increased by 11.9 percent year-on-year to 81.6 billion yuan.

16 lenders chosen to issue bonds in Macao

South China's Guangdong province has chosen 16 overseas banks and financial institutions, including the Macao Branch of Bank of China, to issue local government bonds in the Macao Special Administrative Region this year. According to a notice published by the Guangdong Provincial Department of Finance on Tuesday, the province's issuance of offshore renminbi local government bonds in Macao is a powerful practice and a major innovation in financial cooperation between Guangdong and Macao. It can further promote the internationalization of the RMB, strengthen the integrated development and cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area, and accelerate the integration of China's local government bonds with the international market.

Xinhua - China Daily