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Foreign trade at Qingshuihe sees year-on-year increase of 49.3%
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Foreign trade at Qingshuihe sees year-on-year increase of 49.3%

Yunnan Daily|
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In the first eight months of this year, the total foreign trade value via the Qingshuihe and Mangka gates near the China-Myanmar border reached 4.92 billion yuan, a year-on-year increase of 49.3%.

The Qingshuihe border gate that administers the Mangka gate

Located in the Mengding town of Gengma county, southwest Yunnan’s Lincang city, the border gates witnessed their exports amounted to 2.92 billion yuan, increasing by 26.9%. The imports added up to 2 billion yuan, up 101%.

The market procurement trade volume at via the gates reached 60 million yuan, a year-on-year increase of 247 times. Cross-border direct purchase and e-commerce B2B direct export grew by 343.6% and 114.1%, respectively.

The gates saw China import 923 million yuan of metal ores from Myanmar, up 358.9% year on year; and China also imported 350 million yuan of teak wood, up 293%. The two products contributed the majority of import growth.

Reporting by Li Chunlin and Yang Fudong (Yunnan Daily); Trans-editing by Wang Shixue