CHINA China's Jiangsu reports robust foreign trade in first three quarters


China's Jiangsu reports robust foreign trade in first three quarters


17:04, October 19, 2021

NANJING, Oct. 19 (Xinhua) -- East China's Jiangsu Province, one of the country's major foreign trade hubs, saw robust foreign trade growth in the first three quarters of 2021, local customs authorities said Tuesday.

A loaded ship leaves a container terminal in Lianyungang, east China's Jiangsu Province, July 13, 2021.(Photo: Xinhua/ Wang Jianmin)

Jiangsu's import and export volume rose by 16.5 percent year on year to more than 3.75 trillion yuan (about $580 billion) from January to September, according to Nanjing customs.

Exports soared to over 2.32 trillion yuan, marking an 18.2 percent increase from the same period last year, while imports reached over 1.43 trillion yuan, up 14 percent year on year.

In the nine months, the province's trade volume with the European Union, the Association of Southeast Asian Nations (ASEAN), the United States, and the countries along the Belt and Road increased 17 percent, 19.8 percent, 13.2 percent, and 21.6 percent, respectively.

The foreign trade of Jiangsu's private enterprises saw a strong performance, with the total volume up by 28.6 percent year on year to 1.42 trillion yuan, the customs noted.

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