Ready for some exciting news? 🎉 China's Xizang Autonomous Region is on fire with its foreign trade soaring by an incredible 132.4% in the first half of 2024! 🚀 Talk about a glow-up! 🌟
According to the latest scoop from Lhasa Customs, the total import and export value of Xizang smashed through the roof, surpassing 3.8 billion yuan (that's about $522.7 million 💰). Guess who ranked first nationwide in growth rate? Yup, you guessed it—Xizang! 🥇
Breaking it down, exports from Xizang jumped a whopping 122.9% year-on-year to over 3.2 billion yuan. Imports? They weren't left behind either, climbing 202% to reach 591 million yuan. 📈
But wait, there's more! 😮 During this period, Xizang made 36 new foreign trade friends compared to the same time last year. 🌐 The region is buzzing with activity in labor-intensive products and mechanical and electrical goods—its main trade superstars! 🛠️⚡
And here's the cherry on top 🍒: Over 90% of Xizang's foreign trade enterprises are private businesses. These rockstars contributed around 3.72 billion yuan in imports and exports, marking a stellar growth of 133.7% year-on-year. Way to go, entrepreneurs! 💪✨
Xizang is definitely a region to watch as it continues to make waves in the global trade scene. 🌊 Stay tuned for more updates! 📺
Reference(s):
cgtn.com
