BUSINESS Xinjiang's foreign trade up 1.1 pct in first 8 months

BUSINESS

Xinjiang's foreign trade up 1.1 pct in first 8 months

Xinhua

19:00, September 30, 2020

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File photo: CGTN

URUMQI, Sept. 30 (Xinhua) -- Northwest China's Xinjiang Uygur Autonomous Region recorded more than 89 billion yuan (about 13 billion U.S. dollars) in foreign trade in the first eight months of this year, up 1.1 percent year on year, local authorities said.

Xinjiang's export volume during the period reached 60.45 billion yuan, while imports were 28.64 billion yuan, according to the regional commerce department.

Of the total volume, general trade stood at 42.41 billion yuan, up 34.4 percent year on year.

Private enterprises still played a leading role in Xinjiang's foreign trade. Exports of mechanical and electrical products, garments and agricultural products continued to grow during the period, while natural gas, metal ore and ore were the main imported commodities, the department added.

Since the beginning of this year, the regional government has taken a series of measures to stabilize Xinjiang's foreign trade and support the work resumption of foreign trade enterprises.

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