Overseas commerce of China’s Jiangsu reaches 3.36tr yuan in Jan-Aug

NANJING – East China’s financial powerhouse Jiangsu prov­ince recorded a complete im­port and export quantity of three.36 trillion yuan (about 460.9 billion US {dollars}) from January to August, the customs of the capital metropolis of Nanjing mentioned Solar­day. This determine, together with exports amounting to 2.16 trillion yuan and imports of 1.2 trillion yuan, ac­counted for 12.Four % of China’s whole import and export quantity throughout the identical interval. Imports and exports of Jiangsu’s personal enterprises have contin­ued to develop this 12 months. Dur­ing the primary eight months of 2023, the import and export quantity of personal enterprises reached 1.47 trillion yuan, a rise of three.Three % in comparison with the identical interval final 12 months. Throughout this era, Jiang­su’s commerce with the Center East and Africa amounted to 158.62 billion yuan and 100.42 billion yuan, with year-on-year development of 14.2 % and 4.eight %, respectively. From January to August, Jiangsu’s exports of elec­tric passenger automobiles, lithium batteries, and so­lar panels totaled 137.52 billion yuan, and exports of cellphones reached 86.28 billion yuan. These figures represented year-on-year development of 20.Four % and 22.6 %, respectively. In the meantime, the worth of the province’s imported agricultural merchandise grew to 118.33 billion yuan, marking a year-on-year improve of 11.9 %. Amongst these imports, soybeans ac­counted for 67.21 billion yuan, with a year-on-year development of 16.7 %.