BRI NEWS Gansu Province sees rapid trade growth with Belt and Road countries

BRI NEWS

Gansu Province sees rapid trade growth with Belt and Road countries

Xinhua

20:01, July 04, 2019

Northwestern China's Gansu Province continued to see rapid growth in trade revenue with countries along the Belt and Road this year, according to Customs authorities in Lanzhou, Gansu's capital Tuesday.

VCG111173509350.jpg

A new rail and road cargo service was launched linking Lanzhou, capital of northwest China’s Gansu Province, with Islamabad in Pakistan, on Oct. 23, 2018. (Photo: VCG)

Gansu's trade with Belt and Road countries in the first five months rose 6.7 percent year on year and accounted for over half of the total foreign trade revenue in the province.

Trade with Mongolia and ASEAN countries registered dramatic growth, which rose by 23.3 percent and 50.4 percent during the same period, respectively.

Gansu's main exports to these countries include mineral, electromechanical, agricultural products and products in traditional labor-intensive industries.

Gansu has been improving infrastructure and clearance efficiency to boost foreign trade in recent years. The province has opened multiple international cargo services to Central Asia, Europe and ASEAN countries, which has significantly facilitated foreign trade in the province.


Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue