S. China’s Guangxi sees foreign trade with B&R countries in Jan-Apr up 21.4pct
South China’s Guangxi Zhuang Autonomous Region saw its foreign trade with the countries along the Belt and Road routes in the first four months of the year stand at 65.78 billion yuan, up 21.4 percent year on year.
In terms of trade methods, Guangxi's foreign trade mainly focused on the small-scale cross-border trade and the borderers' trade during the period. In January-April, Guangxi’s imports from and exports to the countries along the Belt and Road routes in the form of the small-scale cross-border trade approached 32.87 billion yuan, an increase of 77.9 percent year on year.
In terms of major trading partners, Vietnam is the largest trading country of Guangxi in the period. From January to April, Guangxi's foreign trade with Vietnam reached 55.43 billion yuan, an increase of 34 percent year on year. Its foreign trade with Indonesia amounted to 1.98 billion yuan, an increase of 14.7 percent year on year. Its foreign trade with Thailand stood at 1.86 billion yuan, an increase of 63.4 percent year on year.
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