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Xinhua Silk Road
Trade

China's Shanxi reports surging foreign trade in H1

July 22, 2021


Abstract : North China's Shanxi Province saw its foreign trade surge by 108.4 percent year on year to 113.03 billion yuan (about 17.46 billion U.S. dollars) in the first half (H1) of this year, local authorities said Wednesday.

TAIYUAN, July 21 (Xinhua) -- North China's Shanxi Province saw its foreign trade surge by 108.4 percent year on year to 113.03 billion yuan (about 17.46 billion U.S. dollars) in the first half (H1) of this year, local authorities said Wednesday.

In the first six months of this year, the province's imports rose by 92.4 percent, year on year, to 44.25 billion yuan, the provincial statistics bureau said.

During the period, Shanxi's exports soared to 68.79 billion yuan, a steep increase of 120.2 percent from the same period in 2020.

Shanxi's foreign trade growth rate is much higher than the national increase rate of 27.1 percent, said the bureau.

Moreover, the province witnessed its GDP grow 12.2 percent to 960.67 billion yuan in the first six months of 2021. Enditem

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Keyword: Shanxi foreign trade

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