Current location:opinions >>
Northwest China's Xinjiang realizes $34.3 billion exports to five Central Asian countries in 2023
opinions2832People have gathered around
IntroductionNorthwest China's Xinjiang Uygur Autonomous Region secured top spot in exports to the five Central A ...
Northwest China's Xinjiang Uygur Autonomous Region secured top spot in exports to the five Central Asian countries in 2023, reaching a record-breaking 246.57 billion yuan ($34.3 billion). The result marked substantial year-on-year growth of 23.2 percent.
Xinjiang's total imports and exports with the five Central Asian countries reached 283.67 billion yuan in 2023, surging 50 percent year-on-year. It accounted for 79.4 percent of Xinjiang's overall foreign trade value in 2023, China Media Group (CMG) reported, citing local customs data.
Situated at the core of the Eurasian continent, Xinjiang shares borders with eight neighboring countries, boasting a unique geographical advantage described as "five gateways connecting eight nations, and one route linking Eurasia."
In 2023, Xinjiang region's import and export trade with its top three trading partners saw substantial growth, with a remarkable 70.8 percent increase with Kazakhstan, a 25.8 percent rise with Kyrgyzstan, and an outstanding 93.4 percent surge with Tajikistan.
With the managed opening of highway ports in Xinjiang, imports and exports via road freight to and from the five Central Asian countries have witnessed a significant growth of 52.5 percent. And there has been a notable increase of 44.5 percent in import and export activities through rail transport, local press reported.
Since last year, Xinjiang, leveraging its location advantage, has implemented a series of policies and measures to ensure the stability and quality of foreign trade, constantly improving the structure of trade, CMG reported.
Due to its favorable geographical, policy, and port advantages, Xinjiang has ramped up efforts to promote the development of foreign trade over recent years. Against the backdrop of a sluggish global economic growth and a slowdown in global trade and investment, Xinjiang has delivered a sustained growth, showcasing remarkable progress and frequent highlights in maintaining stability while becoming a more influential trade hub.
Taking Xinjiang's Horgos Port as an example, its major exports in the first 11 months in 2023 included electromechanical products, high-tech products, clothing, and accessories. Notably, the trade volume of exported new-energy passenger vehicles saw eightfold year-on-year growth, representing a remarkable achievement.
In 2023, Xinjiang conducted trade with 192 countries and regions worldwide. Among them, the region saw substantial year-on-year trade growth rate with Malaysia at 187 percent, with South Africa at 88 percent, Qatar at 60 percent, and Algeria at 142.7 percent.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Worldly Wave news portal”。http://northkorea.e-directivos.com/html-0e199988.html
Related articles
Yu Darvish pitches 5 scoreless innings as the Padres beat the Cubs 6
opinionsCHICAGO (AP) — Yu Darvish pitched five scoreless innings, Luis Campusano drove in three runs and the ...
【opinions】
Read moreNew home for University of Kentucky cancer center will help accelerate research, director says
opinionsLEXINGTON, Ky. (AP) — A new $781 million home for the University of Kentucky’s Markey Cancer Center ...
【opinions】
Read moreLegendary British musician teases appearance at Taylor Swift's Eras Tour during singer's London leg
opinionsFlorence Welch has teased she'll appear on Taylor Swift's Eras Tour after collaborating with the Ame ...
【opinions】
Read more
Popular articles
- Trump's strategist push AI to help conservatives, all you need to know
- Here are 14 players to watch next season across the Atlantic Coast Conference
- Jon Bon Jovi, 62, admits 'EVERY day is a challenge' in his 35
- Big 12 newcomers struggled in debuts. Now they're getting ready for the league to change again
- Winnipeg Jets coach Rick Bowness is retiring after 38 NHL seasons
- Jeremy Clarkson's Diddly Squat goes online! Ex
Latest articles
Shaquille O'Neal kept 'going missing' says ex
Kansas man sentenced to 10 years for crash that killed officer, pedestrian and K
Experts warn about Venezuela's broken HPV vaccine promises
The TikTok law kicks off a new showdown between Beijing and Washington. What's coming next?
José Ramírez breaks Larry Doby’s team record for go
Dusty Baker wins Baseball Digest lifetime achievement award
LINKS
- Yemen's Houthis claim missile attacks on British, Israeli, U.S. ships
- Hong Kong Customs busts largest gold
- DPP obstruction to mainland products unpopular: Spokesperson
- Hamas says UNSC resolution demanding Gaza truce shows Israel's isolation
- China making efforts to boost employment: Minister
- ECB leaves interest rates unchanged
- Chengdu Universiade offers 3D
- Space devices help taikonauts maintain their health in zero gravity
- Hamas says UNSC resolution demanding Gaza truce shows Israel's isolation
- Bodies of foreign aid workers transferred to Egypt from Gaza