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Haikou Jiangdong New Area
Trade

SW. China's Chengdu sees trade with B&R countries up 45.4 pct in H1

August 03, 2020


Abstract : Chengdu, capital city of southwest China's Sichuan Province, saw its trade with the countries along the Belt and Road routes grow 45.4 percent in the first half of the year.

Chengdu trade.png

Aerial photo taken on April 20, 2017 shows a container station of Chengdu Qingbaijiang Railway Port Area of China (Sichuan) Pilot Free Trade Zone, southwest China's Sichuan Province. (Xinhua/Xue Yubin)

BEIJING, Aug. 3 (Xinhua) -- Chengdu, capital city of southwest China's Sichuan Province, saw its trade with the countries along the Belt and Road routes grow 45.4 percent in the first half of the year.

During the period, value of the city's imports and exports totaled 323.09 billion yuan (about 46.33 billion U.S. dollars), up 23.5 percent year on year.

In breakdown, its imports and exports grew 25.5 percent and 21.9 percent year on year, respectively.

Despite impact of the COVID-19 outbreak, Chengdu saw a steady economic recovery in the first half of the year and achieved the gross domestic product (GDP) of 829.86 billion yuan, up 0.6 percent year on year.

During the epidemic prevention and control period, the new economy provides opportunities for urban transformation and development.

According to Lu Tiecheng, an official of Chengdu, the city will continue to make innovation and release more development opportunities for new economy enterprises.

It is reported that the internet sector has become a key component of China's "new economy" as the country undergoes a shift to growth driven more by technology and consumption. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

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Keyword: Chengdu foreign trade Belt and Road

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