BUSINESS China, Mongolia trade via major land port vigorous in Q1


China, Mongolia trade via major land port vigorous in Q1


19:20, April 05, 2023

File photo: CGTN

HOHHOT, April 5 (Xinhua) -- Trade between China and Mongolia via Ganqmod Port, the largest highway port between China and Mongolia, continued to boom in the first quarter of 2023, official data shows.

Ganqmod Port in north China's Inner Mongolia Autonomous Region cleared nearly 8 million tonnes of goods in the first quarter of 2023, an increase of more than four times compared to the same period last year, according to the port's administration authorities on Tuesday.

Among them, the volume of imported coal was 7.68 million tonnes, up 525.4 percent year on year, while imports of refined copper powder grew by 12.2 percent year on year to 201,200 tonnes.

The port has been striving to raise clearance efficiency by implementing more measures to facilitate trade, promoting the construction of cross-border driverless transport services, and accelerating the renovation and expansion of joint inspection buildings, among others.

Ganqmod Port is a major energy import channel for the country, and an important hub on the China-Mongolia-Russia economic corridor.

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