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Northeast China Province Sees Significant Foreign Trade Growth in H1
  ·  2019-07-18  ·   Source: Xinhua News Agency

The foreign trade volume of northeast China's Heilongjiang Province rose 21.5 percent year on year to 93.34 billion yuan ($13.56 billion) in the first half of the year, local customs authorities said on July 17.

Exports rose 22.9 percent year on year to 16.28 billion yuan ($2.36 billion) while imports gained 21.2 percent to 77.06 billion yuan ($11.21 billion), according to Harbin Customs.

The structure of foreign trade has been optimized, and in the first six months of the year, Heilongjiang exported more high-tech products.

Its trade with Russia has also seen stable growth. In the first half, Heilongjiang's trade with Russia totaled 64.27 billion yuan ($9.35 billion), up 20.3 percent, which accounted for 68.9 percent of the province's total foreign trade volume during the same period.

Exports to Russia increased 13.7 percent to 4.2 billion yuan ($611 million) while imports from Russia rose 20.8 percent to 60.07 billion yuan ($8.83 billion).

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