China News Service, Nanning, November 25 (Meng Siqi Lin Hao) Nanning Customs provided data on the 25th, showing that in the first three quarters of 2021, Guangxi's total foreign trade import and export amounted to 491.18 billion yuan (the same below), and the region's growth rate was 27.7 %, 5.5 percentage points higher than the national average and 6.9 percentage points higher than the western average.

  In the first three quarters, Guangxi's general trade, processing trade, border trade, and bonded logistics imports stabilized the overall growth rate of imports and exports, and imports boosted the growth rate of imports and exports by 18.7%.

In terms of major trade methods, general trade imports and exports amounted to 149.17 billion yuan, an increase of 23.5%.

The import and export of bonded logistics was 120.39 billion yuan, an increase of 57.9%.

The picture shows the Youyiguan Port in Guangxi.

Photo courtesy of Guangxi Department of Commerce

  Among them, in terms of imports, special industries such as mechanical and electrical products, high-tech products, soybean imports, and paper products supported the import and export of major commodities to maintain growth.

In addition, private enterprises are the largest business entity of Guangxi's foreign trade, with private enterprises importing and exporting 306.53 billion yuan, an increase of 21%, accounting for 62.4%.

Foreign-invested enterprises also grew rapidly, with imports and exports of 83.58 billion yuan.

  Among the major trading partners, Guangxi's imports and exports to RCEP member countries have grown well, with ASEAN's imports and exports of 237.64 billion yuan, an increase of 26.8%.

  The import and export volume of 13 districts and cities in Guangxi maintained growth, and the total import and export volume of Chongzuo, Nanning and Fangchenggang ranked the top three in the region.

In addition, Hechi, Liuzhou, and Chongzuo ranked the top three in terms of growth rate.

  The Guangxi Department of Commerce stated that with the implementation of a series of policies and measures to support the steady growth of foreign trade, cross-border trade facilitation reforms have been further deepened, the port business environment has continued to be optimized, and the confidence of market entities has gradually increased, helping to promote Western foreign trade out of "acceleration." .

  The Guangxi Department of Commerce stated that in the next step, it will strengthen operational monitoring and control, and guide cities to stabilize the production and operation of key foreign trade enterprises.

Stabilize small-scale border trade, actively guide border small businesses to develop sources of goods, and speed up the implementation of support policies.

Continue to promote the import of bulk commodities and cultivate a local supply chain financial service platform.

Promote the steady and rapid growth of processing trade, and promote the transfer of industries from the eastern coastal areas.

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