China’s Jiangsu Sees Foreign Trade Hit Record High

The imports and exports of east China’s Jiangsu Province, one of the country’s major foreign trade hubs, rose by 4.8 percent year on year to 5.45 trillion yuan (about 811.79 billion U.S. dollars) in 2022, Nanjing Customs said on Monday.

Exports soared 7.5 percent year on year to 3.48 trillion yuan, and imports reached 1.97 trillion yuan, up 0.4 percent year on year.

 In 2022, Jiangsu’s foreign trade value with the European Union and the Association of Southeast Asian Nations, the province’s top two trading partners, topped 800 billion yuan for the first time, reaching 832.43 billion yuan and 830.14 billion yuan, respectively.

   
The province’s trade with countries along the Belt and Road climbed 13.1 percent to account for 27.4 percent of its total foreign trade, registering the increase for seven consecutive years.