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S.China’s Guangxi foreign trade grows 10.3% to $20.4b in H1

byCustoms Today Report
06/08/2015
in Latest News
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NANNING: South China’s Guangxi Zhuang Autonomous Region recorded a total export-import value of about 127 billion yuan (20.4 billion U.S. dollars) in the first half of 2015, growing 10.3 percent year on year, the regional department of commerce announced here the other day.

The provincial-level region, which borders or is adjacent to Association of Southeast Asian Nations (ASEAN) countries, serves as an important platform for China-ASEAN economic cooperation, said Wang Naixue, head of the regional department of commerce.

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Trade value between Guangxi and ASEAN rose 18.2 percent year on year to reach 10.75 billion U.S. dollars in the first six months of the year, according to data from the department.

In addition to port cooperation and industrial park construction, Guangxi has worked to build a cross-border e-commerce trade platform based in Nanning, capital of the region, in recent years.

Guangxi’s e-commerce trade value reached 194 billion yuan in the first half, a year on year increase of 84.7 percent, said Wang.

With the goal of building a China-ASEAN cross-border e-commerce network, more than 90 percent of Guangxi’s large enterprises will offer e-commerce services by 2020.

 

 

 

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