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Home Economy/Technology

China sees foreign trade rise

China

The Matters Press by The Matters Press
September 19, 2022
Reading Time: 1 min read
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China’s commerce ministry to promote services trade

The foreign trade value of north China’s Hebei Province reached 360.13 billion yuan (about 52 billion U.S. dollars) in the first eight months of this year, up 1.8 per cent year on year.

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According to the customs of Shijiazhuang, capital of the province, its exports reached 219.53 billion yuan during the period, up 13.3 per cent year on year, whereas its imports went down 12.1 per cent to 140.6 billion yuan.

During the period, Hebei’s trade with countries along the Belt and Road increased 22.4 per cent to 122.44 billion yuan.

Its exports of mechanical and electrical products, electronic components and automobiles grew rapidly. The province saw a decrease in imports of iron ore, soybeans and natural gas.

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