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Economy

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C China Henan's foreign trade with B&R countries notch RMB118.79 bln in 2018

March 21, 2019


Abstract : The imports and exports between central China's Henan Province and countries along the Belt and Road routes in 2018 amounted to 118.79 billi

BEIJING, March 21 (Xinhua) -- The imports and exports between central China's Henan Province and countries along the Belt and Road routes in 2018 amounted to 118.79 billion yuan, up more than 20 percent year on year for the second consecutive year, an economic blue paper unveiled by the Province on Tuesday showed.

According to the blue paper, thanks to opening-up, Henan's goods imports and exports in 2018 registered 551.271 billion yuan, a significant jump compared with those in 1978 when its foreign trade stood at 199 million yuan.

Besides, the foreign direct investment in actual use by Henan had increased to 17.9 billion U.S. dollars in 2018 from less than 6 million U.S. dollars in 1985.

The blue paper also showed that the gross domestic product (GDP) of the Province in 2018 hit 4,805.586 billion yuan, ranking the 11th nationwide by GDP growth rate.

Remarkable results have also been achieved in infrastructure construction of the Province which saw total mileage of railway in operation reach 5,460.10 kilometers as of the end of 2018, said the blue paper. (Edited by Gu Shanshan)


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