Anhui sees double-digit growth in imports and exports

Anhui’s total imports and exports expanded 25.1 percent year-on-year to $17.7 billion in the January-February period, customs data showed.

Exports reached $10.26 billion, up 28.3 percent, while imports rose 21 percent to $7.44 billion.

In terms of type of foreign trade, the province’s general trade increased 24.8 percent to 82.87 billion yuan, making up 73.5 percent of the total; processing trade dropped 2.7 percent to 18.6 billion yuan, or 16.5 percent of the total; imports and exports of bonded logistics surged 82.2 percent to 8.86 billion yuan, accounting for 7.9 percent.

The Chinese province’s foreign trade with its top three trading partners - the United States, the European Union and the Association of Southeast Asian Nations (ASEAN) - gained 38 percent, 29.6 percent and 26.3 percent, respectively, in the first two months.

Anhui’s foreign trade with countries involved in the Belt and Road Initiative went up 23.8 percent to 28.77 billion yuan. Meanwhile, its imports and exports with the other 14 RCEP members stood at 28 billion yuan, representing a year-on-year increase of 14.6 percent.