Chinese manufacturing hub reports trade growth with B&R countries

Time:2020-01-16 16:53:51      Source:ChinaDaily.com

The southern Chinese city of Dongguan, the country's manufacturing hub, saw robust growth in its foreign trade with countries and regions participating in the Belt and Road Initiative last year, local authorities said.

The trade volume rose by 16.5 percent year on year to over 278 billion yuan (over $40 billion), according to Huangpu Customs in Guangdong province.

The city's total trade volume reached 1.24 trillion yuan in the first 11 months of 2019, an annual increase of 0.8 percent, accounting for 4.4 percent of China's total foreign trade, and 19.4 percent of Guangdong's total during the same period.

Dongguan further optimized its trade structure, with mechanical and electrical products as its main exports last year.

Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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