Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Trade

China's Hubei sees robust foreign trade in Jan.-Feb.

March 16, 2021


Abstract : Central China's Hubei Province saw robust growth in its foreign trade in the first two months of 2021 as the province consolidated its recovery from the setbacks caused by the COVID-19 outbreak last year, according to local customs.

WUHAN, March 15 (Xinhua) -- Central China's Hubei Province saw robust growth in its foreign trade in the first two months of 2021 as the province consolidated its recovery from the setbacks caused by the COVID-19 outbreak last year, according to local customs.

The total import and export values reached 78.38 billion yuan (about 12.04 billion U.S. dollars) in the January-February period, up 82.5 percent year on year, data from Wuhan Customs showed.

Exports soared to 46.78 billion yuan, marking 103.2 percent increase from the same period last year, while imports added up to 31.6 billion yuan, up 58.7 percent.

Among the total, the exports of mechanical and electronic products, textiles and clothing saw a strong recovery.

The European Union, a major trading partner of Hubei, saw its bilateral trade with the province double to 12.81 billion yuan in the first two months, while the province's trade with the United States surged to 10.43 billion yuan.

The provincial capital of Wuhan, once hardest-hit by COVID-19, saw its foreign trade reach 52.21 billion yuan, accounting for two-thirds of the provincial total. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Hubei foreign trade

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial