China's Guangxi reaps cross-border trade bonanza with influx of goods and travelers
1 year, 4 months ago

China's Guangxi reaps cross-border trade bonanza with influx of goods and travelers

China Daily  

Soon after the Youyiguan border crossing in south China's Guangxi Zhuang Autonomous Region opened for customs clearing, a procession of trucks carrying goods like fruits, electronic appliances and agricultural products from ASEAN countries began streaming into the world's second-largest economy. In the first half of 2023, the total value of Guangxi's cross-border trade hit 62.6 billion yuan, up 126.3 percent year on year, accounting for 18.5 percent of the region's total foreign trade value, customs data showed. In the first six months of this year, Youyiguan Port witnessed an astounding 180 percent increase in car trips compared to the previous year, with nearly 200,000 journeys made. "After China downgraded its COVID-19 management early this year, Guangxi's customs clearance capability has been rebounding massively, and the scale of its border trade has also climbed up steadily," said Yang Baoqing, deputy director of Nanning Customs.

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