China’s Gansu Province sees foreign trade up 27.8 pct

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Northwest China’s Gansu Province saw its foreign trade reach 42.08 billion yuan in the first eight months of 2022, a year-on-year increase of 25.3 percent, according to local customs.

During this period, the province’s trade with countries along the Belt and Road hit 20.47 billion yuan, up 27.8 percent year on year, accounting for 48.6 percent of the province’s total trade. Its trade with members of the RCEP rose 48.9 percent to 9.02 billion yuan.

In the first eight months of the year, the five major trading partners of Gansu were Kazakhstan, the ASEAN, the EU, the Democratic Republic of the Congo and Indonesia, with the total import and export value coming in at 10.01 billion yuan, 4.26 billion yuan, 3.09 billion yuan, 3.02 billion yuan and 2.8 billion yuan.— Xinhua

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