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Xinhua Silk Road
Trade

Gansu's trade with B&R countries up 6.7pct y-o-y in Jan.-May

July 02, 2019


Abstract : Northwest China’s Gansu Province saw its trade with Belt and Road countries grow robustly since the beginning of this year, said the customs of Lanzhou, capital of Gansu Province.

LANZHOU, July 2 (Xinhua) -- Northwest China’s Gansu Province saw its trade with Belt and Road countries grow robustly since the beginning of this year, said the customs of Lanzhou, capital of Gansu Province.

In the first five months of this year, the province's trade with Belt and Road countries rose by 6.7 percent year on year, accounting for 53.7 percent of the province's total trade value, according to the customs.

From January to May, the province's import and export with Mongolia and ASEAN countries grew 23.3 percent and 50.4 percent, respectively.

It is learned that the export and import of mineral products, mechanical and electrical products, and traditional labor-intensive and agricultural products maintained growth in the period, making up more than 80 percent of the total value of all commodities.

Gansu Province has quickened its pace of promoting the Belt and Road construction and improving the facilities of various platforms. Meanwhile, Lanzhou customs has strived to continuously shorten clearance times, optimize its port business environment and formulate a raft of preferential measures in a bid to inject fresh impetus into foreign trade growth.

(Edited by Yang Yifan, yangyifan@xinhua.org)

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