HIGHER PROFIT This file photo shows people visiting a lantern show at the Xinjiang International Convention and Exhibition Center in Urumqi, northwest China’s Xinjiang Uyghur Autonomous Region, January 1, 2022 The Xinjiang Uyghur Autonomous Region’s foreign trade levels soared 49.6 percent year-on-year to nearly 145.6 billion yuan (about $21 billion) from January to August this year. PHOTO XINHUA
URUMQI: Foreign trade levels in the northwest Xinjiang Uyghur Autonomous Region soared 49.6 percent year-on-year to nearly 145.6 billion yuan (about $21 billion) from January to August this year.
Urumqi Customs said that during this period, Xinjiang’s exports reached more than 120.9 billion yuan, up 58.2 percent year on year, while its imports rose 18 percent. year on year to reach 24.6 billion yuan.
The increase in foreign trade in the region is attributed to a series of measures taken to ensure stability in employment, the financial sector, foreign trade, foreign investment and domestic investment, according to Urumqi Customs.
Urumqi Customs also noted that with streamlined customs clearance measures, the operation of China-Europe freight train services in Xinjiang has been continuously improved.
From January to August, Alataw Pass and Horgos Port, two major railway ports in Xinjiang, hit a record high with the handling of 8,701 China-Europe freight trains, up 6.5 percent from to the previous year.