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Economy

E. China Shandong Province export to B&R countries in Jan.-Feb. up 13.3pct

March 28, 2018


Abstract : East China’s Shandong Province saw its exports to the countries and regions along the Belt and Road routes increased 13.3 percent year on year in the first two months of the year, accounting for 26.3 percent of the Province’s exports.

青岛

BEIJING, Mar. 28 (Xinhua) -- East China’s Shandong Province saw its exports to the countries and regions along the Belt and Road routes increased 13.3 percent year on year in the first two months of the year, accounting for 26.3 percent of the province’s exports, according to Department of Commerce of Shandong Province.

During the period, the province’s exports to the traditional markets including the USA, the EU and the Republic of Korea increased 15.8 percent, 9.4 percent and 2.2 percent year on year, respectively.

In 2017, Shandong Province actively participated in the construction of the Belt and Road and actually invested 10.06 billion yuan in countries along the Belt and Road routes, representing an increase of 81.7 percent.

Last year, the turnover of the province’s foreign contracted projects along the Belt and Road routes totaled 47.34 billion yuan, up 11.2 percent year on year. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: Belt-and-road Shandong foreign-trade

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