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
Local

China's Shenzhen sees trade grow with RCEP members

June 15, 2022


Abstract : China's southern boomtown Shenzhen in Guangdong Province saw its trade with members of the Regional Comprehensive Economic Partnership (RCEP) near 354 billion yuan (about 52.4 billion U.S. dollars) from January to May, an increase of 1.2 percent year on year.

SHENZHEN, June 14 (Xinhua) -- China's southern boomtown Shenzhen in Guangdong Province saw its trade with members of the Regional Comprehensive Economic Partnership (RCEP) near 354 billion yuan (about 52.4 billion U.S. dollars) from January to May, an increase of 1.2 percent year on year.

During the period, exports from Shenzhen to RCEP members reached 123.8 billion yuan, up 11.4 percent year on year, according to statistics from the local customs.

The value of the exported goods reached 2.3 billion yuan during the period, while that of the imported goods reached 570 million yuan, the statistics showed.

Local authorities have also set up the Shenzhen Service Center of RCEP to facilitate the trade with RCEP members.

The RCEP, the world's largest free trade deal to date, covers 10 member states of the ASEAN and its five free trade agreement partners, namely China, Japan, the Republic of Korea, Australia, and New Zealand. The countries under the framework account for roughly 30 percent of the world's gross domestic product and population.

Scan the QR code and push it to your mobile phone

Keyword: trade Shenzhen RCEP

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