CHINA China's Sichuan posts 21 pct increase in foreign trade in H1

CHINA

China's Sichuan posts 21 pct increase in foreign trade in H1

Xinhua

21:03, July 16, 2020

VCG215edd3f697.jpg

Night view in Chengdu (File photo: VCG)

CHENGDU, July 16 (Xinhua) -- The foreign trade volume of southwest China's Sichuan Province rose 21 percent year on year to 365.91 billion yuan (about 52.29 billion U.S. dollars) in the first half of 2020, according to customs data released Thursday.

From January to June, foreign-funded enterprises in the province reported a 25.7 percent year-on-year growth in foreign trade totaling 260.94 billion yuan, which accounted for 71.3 percent of the province's total foreign trade volume, according to the Chengdu Customs.

The customs said mechanical and electrical products have been the dominant import and export commodities in the first half of this year. The export of such products grew by 24.4 percent to 173.49 billion yuan, accounting for 86.3 percent of the province's total export.

Statistics showed that the United States, the ASEAN and the EU were Sichuan's top three trading partners in the first half of this year. While imports and exports between Sichuan and countries along the Belt and Road reached 112.29 billion yuan, up 38.2 percent year on year.

Pan Xudong, a Chengdu Customs official, attributed the increase in foreign trade to the achievement of COVID-19 prevention and control and the resumption of work and production.

Related Stories

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