Briefly

Beijing-Tianjin-Hebei region's trade up

The Beijing-Tianjin-Hebei region saw its foreign trade increase by 12.5 percent year-on-year to 2.35 trillion yuan ($347 billion) in the first half of this year, Tianjin Customs said. The region's foreign trade accounted for 11.9 percent of the country's total in the period. In June alone, the region's imports and exports reached 300.1 billion yuan, up 24 percent year-on-year, with imports amounting to 162.8 billion yuan and exports hitting 137.3 billion yuan. From January to June, its trade with economies involving the Belt and Road Initiative maintained robust growth, up 27.6 percent yearly to nearly 930 billion yuan.

Langfang eases homebuying curbs

Langfang, a city in Hebei province, has eased restrictions on residential property purchases to boost rational demand, Beijing News reported on Tuesday. The restrictions on home purchases that do not fit the current property market conditions have been canceled. Non-local families are also eligible to buy a flat in key city areas without having to work in the city for a certain period of time as was required before, the daily reported, quoting unidentified officials of the local government.

China Daily - Xinhua