Trade with BRI nations enjoys robust growth

2023-09-22 14:31

Trade between Xiamen city in East China's Fujian province and countries involved in the Belt and Road Initiative is enjoying robust growth, after having expanded tremendously over the past decade.


From 2013 to Aug 31 in the current year, the cumulative value of this trade over 3 trillion yuan ($411.53 billion), with 1.55 trillion yuan of exports and 1.46 trillion yuan of imports during the period, according to Xiamen Customs.


Private enterprises accounted for the highest proportion of the trade. During the period, trade between Xiamen's private sector and countries involved in the BRI totaled 1.2 trillion yuan, accounting for 39.9 percent of Xiamen's total trade value with BRI countries.


Trade between State-owned enterprises and these countries hit 1.03 trillion yuan, accounting for 34.4 percent of the total. Trade between foreign-invested enterprises and these countries reached 770.5 billion yuan, accounting for 25.7 percent.


Textile clothing, shoes and steel products were the main exported commodities. During the period, Xiamen exported clothing, shoes and steel products worth 395.24 billion yuan, 112.41 billion yuan and 64.38 billion yuan, respectively, to countries involved in the BRI.


Metal ore sands, coal and integrated circuit products were the main imported commodities. During the period, Xiamen imported 223.73 billion yuan, 157.03 billion yuan and 120.5 billion yuan of these products, respectively.


In order to further help Xiamen's enterprises deeply integrate into the construction of the BRI, the city has moved to improve the efficiency of its port customs clearances.


It has built a digital supervision platform and promoted innovative patterns to meet the diverse customs clearance needs of enterprises.


Xiamen has also developed the first intelligent robot for customs supervision in China, promoting the application of robots in a new supervision model.

[ Web editor:Wu Jianhan, Robin Wang ]