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

Strong vehicle exports boost trade between China's Tibet, Nepal

March 30, 2022


Abstract : The export of whole vehicles from China to Nepal via the ports in southwest China's Tibet Autonomous Region has emerged as a new growth engine for Sino-Nepalese trade, according to customs in Lhasa, the regional capital.

Photo taken on Dec. 3, 2020 shows a production line of new-energy vehicles in Kunming, southwest China's Yunnan Province. (Xinhua/Jiang Wenyao)

LHASA, March 29 (Xinhua) -- The export of whole vehicles from China to Nepal via the ports in southwest China's Tibet Autonomous Region has emerged as a new growth engine for Sino-Nepalese trade, according to customs in Lhasa, the regional capital.

In 2021, Lhasa customs supervised and examined 806 automobiles made in China for exports with a trade value of 145 million yuan (about 22.8 million U.S. dollars), up 760 percent year on year. Among them, 419 were new energy vehicles, marking an increase of 974 percent, said Yuan Jintao, a customs official.

Li Chaohua, a businessman in Tibet, said that his company exported more than 500 cars to Nepal via ports in Tibet last year, adding that the figure is expected to double this year.

Tibet serves as an important land route from China to South Asia. Despite the impact of COVID-19, Nepal has remained the largest trading partner of the region.

According to Lhasa customs, the foreign trade between Tibet Autonomous Region and Nepal reached 1.8 billion yuan in 2021, up 69.4 percent year on year.

Taking into account the local situation of epidemic prevention and control, Lhasa customs set up a special service window for automobile export and adopted a series of measures to streamline customs clearance.

Scan the QR code and push it to your mobile phone

Keyword: China-Nepal foreign trade vehicle exports

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