The Belt and Road

Central province Hubei’s trade with Belt and Road countries soars

Central China’s Hubei Province’s trade with Belt and Road countries surged by over 45.9 percent from 2013 to 2018, according to local customs statistics released Sunday.

The province’s trade with Belt and Road countries reached 478.3 billion yuan (about 71 billion U.S. dollars) from 2013 to 2018, accounting for 28.2 percent of the province’s total trade during the period.

Mongolia, Russia and Central Asia are the regions that saw the fastest growing trade with the province, with the total reaching 42.93 billion yuan from 2013 to 2018, up 1.5 times during the period.

Local customs noted that the variety of both exports and imports have increased, with the export of high-tech products increasing from 20.9 percent to 22.6 percent during the period.

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