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Huai’an Markedly Increased Exports to Countries Along the BRI
updated on:2019-11-26 17:20

According to the statistics of the customs, from January to October this year, the exports of Huai’an to 64 countries along the Belt and Road Initiative (BRI) reached RMB 5.65 billion, with a significant year-on-year growth of 28.2%, accounting for 29.5% of the total exports of the city. Among them, exports to Vietnam, Indonesia and India respectively hit RMB 1.69 billion, 390 million and 390 million, up by 150%, 3.4% and 4%, all ranking the top.

In recent years, with support for the BRI from the countries along its routes, Huai’an has integrated its electronic information manufacturing industry represented by cell phone parts manufacturing into the global industrial division of labor, with a growth rate exceeding 30% in the export of cell phone parts, connectors and data cables, which means its foreign trade to these countries has entered a fast track of development.

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