Ningxia Reports Rapid Foreign Trade GrowthThe import and export value of Ningxia Hui Autonomous Region, the largest Muslim inhabited area in China, surged 36.3 percent in the first half of the year to reach US$ 183.4 million.Its exports totaled US$ 140.9 million, up 36 percent over last year's same period, and the import came to US$ 42.51 million, up 34 percent, according to local trade sources. General trade soared to US$ 150 million, accounting for 81 percent of the region's total trade volume. Exports of state-owned self-operated enterprises jumped 53 percent to reach US$ 86 million in the period as a result of readjusting export structure and the improved operations. The export of foreign-funded enterprises in Ningxia came to US$ 18 million, a rise of 67 percent. In addition, a multi-lateral trade system has been set up. The region has established trade ties with 94 countries and regions. Its trade volume with Asian countries continued to rise. Over 70 percent the region's export were staple commodities. |
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