BRI NEWS China's Guangxi sees robust growth in foreign trade in first 7 months

BRI NEWS

China's Guangxi sees robust growth in foreign trade in first 7 months

Xinhua

20:39, August 22, 2019

5d5a51c7a310cf3e9797f858.jpegAerial photo taken on April 27, 2017 shows a dock of Qinzhou Free Trade Port Area in South China's Guangxi Zhuang autonomous region. (Photo: Xinhua)

NANNING - South China's Guangxi Zhuang autonomous region saw its foreign trade volume reach 264.14 billion yuan ($37.51 billion) in the first seven months of the year, up 23.8 percent year-on-year, local authorities said Monday.

The growth was 19.6 percentage points higher than the national foreign trade growth over the period, according to the customs authorities of Nanning, the regional capital.

In the first seven months, Guangxi's trade with ASEAN, its biggest trading partner, saw a year-on-year increase of 13 percent to reach 128.51 billion yuan, accounting for 48.7 percent of the region's foreign trade. In particular, the region's trade with Thailand surged 300 percent to reach 18.54 billion yuan.

Moreover, its trade with countries along the Belt and Road totaled 141.02 billion yuan during the same period, up 16.2 percent year-on-year.

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