Hubei’s foreign trade value expands to 244.86 billion yuan in H1

In the first half of this year, the total imports and exports in central China’s Hubei Province expanded 46.9 percent year on year to 244.86 billion yuan, Wuhan Customs reported on July 15.

The growth marks an increase of 44.7 percent from the same period in 2019 and an increase for the 15th month in a row, according to the same data source.

During the period, the imports and exports of general trade rose 38 percent year on year to 179.96 billion yuan, which maintained an increase for the 6th month in a row.

The province’s private companies posted strong performance during the six months, with imports and exports standing at 140.55 billion yuan, accounting for 57.4 percent of the province’s total foreign trade value.

Source: World Trade Times