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Economy

Maritime Silk Road Trade Index in Feb. shows strong demands of countries along routes

April 11, 2018


Abstract : The Maritime Silk Road Trade Index (STI) released by Ningbo Shipping Exchange shows strong demands of the countries along the 21st Century Maritime Silk Road.

贸易

BEIJING, Apr. 11 (Xinhua) -- The Maritime Silk Road Trade Index (STI) of February released by Ningbo Shipping Exchange shows strong demands of the countries along the 21st Century Maritime Silk Road.

Under the STI, the Import and Export Trade Index closed at 117.13 points, down 18.94 percent from the previous month and up 32.69 percent from the same period of last year.

To be specific, the Export Trade Index closed at 123.34 points, down 15.48 percent month on month and up 54.48 percent year on year. The Import Trade Index closed at 109.81 points, down 23.11 percent month on month and also up 11.83 percent year on year.

Despite the Spring Festival holiday from February 15 to 21, the year-on-year growth of China's exports in February still exceeded expectations. In the first two months of the year, China's foreign trade with the countries along the Belt and Road routes amounted to 1.26 trillion yuan, up 21.9 percent, 5.2 percentage points higher than growth of its foreign trade with all countries and regions. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: Belt-and-road China-shipping Maritime-Silk-Road

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