BCN-21 East China province reports trade growth with ASEAN, B&R countries

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ZCZC

BCN-21

CHINA-PROVINCE-ASEAN-B&R-TRADE

East China province reports trade growth with ASEAN, B&R countries

NANJING, Aug. 21, 2019 (BSS/Xinhua) – East China’s Jiangsu Province
reported steady trade growth with the Association of Southeast Asian Nations
(ASEAN) as well as Belt and Road countries.

In the January-July period, its trade with ASEAN members rose 13.9 percent
year on year to 322.6 billion yuan (46.2 billion U.S. dollars) and that with
the Belt and Road countries grew 11.8 percent to 600.4 billion yuan,
according to the Nanjing Customs.

The growth rates are much higher than its overall trade growth.

In the seven months, its total trade rose 2.4 percent year on year to 2.46
trillion yuan. Exports gained 7.2 percent to 1.55 trillion yuan while imports
fell 4.7 percent to 916.9 billion yuan.

Privately-owned businesses saw foreign trade grow 10.6 percent year on year
to 757 billion yuan, raising the proportion among the total by 2.2 percentage
points to 30.7 percent.

Among all categories, exports of integrated circuit products, mobile
phones, and solar batteries grew 14.6 percent, 16.7 percent and 61.4 percent,
respectively.

BSS/XINHUA/HR/1436