Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Lincang sees foreign trade with Myanmar up 15pct on year in 2017 under B&R

December 04, 2018


Abstract : In recent years, Lincang, major city in southwest China’s Yunnan province has actively got involved in the country’s Belt and Road Initiative, and strengthened the cooperation and development in economic and trade with Myanmar.

timg (6)

BEIJING, Dec. 4 (Xinhua) -- In recent years, Lincang, major city in southwest China’s Yunnan province has actively got involved in the country’s Belt and Road Initiative, and strengthened the cooperation and development in economic and trade with Myanmar.

In 2017, Lincang city saw its foreign trade with Myanmar increase 15 percent year on year to reach 5.27 billion yuan. At present, a total of 33 Lincang-funded enterprises have invested into northern Myanmar. Among them, 22 enterprises injected a total of 84.20 million U.S.dollars into Myanmar.

Meanwhile, altogether 20 Myanmar-based enterprises invested in Lincang with 507 million yuan in total, mainly engaged in the fields of planting, service, processing sectors. The city's 64 foreign-funded enterprises have invested a total of 319 million U.S. dollars in planting, production, processing, hydropower development, culture, commerce and other industries.

Meanwhile, Lincang city continued to expand cooperation and assistance to agriculture, education, culture, health, disaster relief and other project in Myanmar, and organized donations of disaster relief cash, materials, office equipment, medical equipment, medicines and greening seedlings worth 4.08 million yuan to Myanmar. (Edited by Ma Xin, maxin11@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Belt-and-road

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial