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SW. China's Tibet sees foreign trade growth during January-April

June 02, 2021


Abstract : The foreign trade volume in southwest China's Tibet Autonomous Region reached 1.256 billion yuan during the January to April period this year, increased about 1.1 times over the same period of last year, according to local customs.

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Photo taken on May 9, 2020 shows a residence at Junyong Village in Dobbar Township of Zongang County in Qamdo City, southwest China's TibetAutonomous Region. (Xinhua/Zhan Yan)

BEIJING, June 2 (Xinhua) -- The foreign trade volume in southwest China's Tibet Autonomous Region reached 1.256 billion yuan during the January to April period this year, increased about 1.1 times over the same period of last year, according to local customs.

Of the total, Tibet's export volume picked up 35.1 percent year on year to 510 million yuan in the period, and the total import volume stood at 746 million yuan.

In the first four months, the import and export volume of Tibet's general trade and small-scale border trade reached 847 million yuan and 403 million yuan, respectively, accounting for 99.5 percent of the region's total.

Meanwhile, Tibet's foreign trade with its largest trading partner of Germany amounted to 634 million yuan, surging 385.9 times over the same period of last year, and trade with Nepal and the Democratic Republic of the Congo (DRC) stood at 417 million yuan and 41 million yuan, respectively.

Major exported goods during the period including labour-intensive products and mechanical and electrical products, of which the trade volume of mechanical and electrical products surged by 60.5 percent year on year to 127 million yuan.

The region's state-owned and private businesses also enjoyed growing performance, with a total import and export value of 652 million yuan and 570 million yuan in the first four months, respectively.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com) 

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Keyword: trade yuan million

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