China's Hunan reports strong growth in foreign trade in 2020

0 Comment(s)Print E-mail Xinhua, January 19, 2021
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CHANGSHA, Jan. 19 (Xinhua) -- Central China's Hunan Province saw robust foreign trade growth in 2020, local authorities said Tuesday.

The province's total foreign trade volume rose 12.3 percent year on year to 487.45 billion yuan (around 75 billion U.S. dollars) last year, a record high, according to the provincial government.

Of the total, exports hit 330.64 billion yuan, up 7.5 percent year on year, and imports stood at 156.81 billion yuan, up 24.1 percent.

The province's trade with countries and regions along the Belt and Road continued to grow in 2020, increasing 19.7 percent to 147.28 billion U.S. dollars.

Li Quan, head of customs of the provincial capital Changsha, attributed the strong foreign trade performance to the thriving high-tech industry and cross-border e-commerce. Enditem

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