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China's trade with BRI countries maintains fast growth rate

2023-05-09 Editor : Zhao Li ECNS App Download

(ECNS) -- China's trade with countries along the "Belt and Road Initiative" (BRI) maintained rapid growth in the first four months this year, with imports and exports increasing by 16 percent year-on-year, 10.2 percentage points higher than the national average, according to customs statistics.

A few days ago, at Shidao Port in Rongcheng City in east China’s Shandong province, 11 super large-scale liquefied petroleum gas storage tanks were shipped to Angola.

Each of these tanks has a diameter of 8 meters, a length of 80 meters, and a weight about 480 tons.

“This is the first time our large-scale petrochemical pressure vessel has been exported to the African market, said Xiao Shengchen, assistant general manager of Weihai Shidao Heavy Industry Co., Ltd.

“Our pressure vessel products have been exported to more than 10 countries along the BRI, including Russia and Brunei, achieving an export value of nearly 100 million yuan ($14.44 million) this year,” he said.

With the promotion of interconnectivity with countries along the route and the improvement of economic and trade cooperation, personnel exchanges and the circulation of goods will become more convenient, and China's trade with countries along the BRI will continue to be active, said Lv Daliang, director-general of the statistics and analysis department of General Administration of Customs of China.

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