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Southwest China border province sees growing trade with B&R countries

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The border province of Yunnan in southwestern China saw its trade with countries along the Belt and Road increase by 16% year on year to 90.7 billion yuan (about US$12.8 billion) in the Jan.-July period of 2019.

XinhuaUpdated: August 14, 2019

The border province of Yunnan in southwestern China saw its trade with countries along the Belt and Road increase by 16% year on year to 90.7 billion yuan (about US$12.8 billion) in the Jan.-July period of 2019.

An exhibitor from Pakistan polishes a handmade bronze ornament at the South and Southeast Asia Commodity Expo and Investment Fair in Kunming, Yunnan province. [File photo/Xinhua]

The customs of Kunming, capital of Yunnan, said the trade volume with B&R countries accounted for more than 72% of the province's total import and export.

Yunnan's export volume to B&R countries was 34.4 billion yuan in the first seven months of this year, up 22.9% year on year, and the import volume reached 56.4 billion yuan, an 12.2% increase compared with the same period last year.

According to provincial customs, exports of electromechanical products and fertilizers expanded rapidly, while farm produce and labor-intensive commodities continued to grow. The province has seen the steady growth of energy, metal ores and other imported products.

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