BUSINESS China's Sichuan posts increase in foreign goods trade

BUSINESS

China's Sichuan posts increase in foreign goods trade

Xinhua

13:59, October 20, 2020

A railway container center in the Sichuan-Pilot Free Trade Zone in Chengdu. (Photo: Xinhua)

CHENGDU -- Southwest China's Sichuan province reported a 22.7 percent increase in the foreign trade of goods in the first nine months of 2020, according to customs data released on Monday.

The province's foreign goods trade during the period totaled 591.67 billion yuan ($88.5 billion), according to the customs of Chengdu, the provincial capital.

Sichuan's export volume during January-September reached 337.46 billion yuan, up by 23.1 percent year-on-year, while imports saw a 22.2 percent increase to 254.21 billion yuan.

Foreign trade of electronics and IT products reached 429.61 billion yuan during the nine months, accounting for 72.6 percent of Sichuan's total.

The imports and exports between Sichuan and countries along the Belt and Road reached 181.27 billion yuan, up by 33.2 percent year-on-year.

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