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China's Guangxi sees robust growth in foreign trade in seven months

Xinhua | Published: August 19, 2019 15:16:03 | Updated: August 21, 2019 17:29:30


Aerial photo taken on November 3, 2018 shows ships at a dock in Qinzhou Free Trade Port Area, south China's Guangxi Zhuang Autonomous Region — Xinhua/Files

South China's Guangxi Zhuang Autonomous Region saw its foreign trade volume reach 264.14 billion yuan ($37.51 billion) in the first seven months of the year, up 23.8 per cent year on year, local authorities said Monday.

The growth was 19.6 percentage points higher than the national foreign trade growth over the period, according to the customs authorities of Nanning, the regional capital.

In the first seven months, Guangxi's trade with ASEAN, its biggest trading partner, saw a year-on-year increase of 13 per cent to reach 128.51 billion yuan, accounting for 48.7 per cent of the region's foreign trade. In particular, the region's trade with Thailand surged 300 per cent to reach 18.54 billion yuan.

Moreover, its trade with countries along the Belt and Road totalled 141.02 billion yuan during the same period, up 16.2 per cent year on year.

 

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