Foreign trade of East China’s Jiangsu up 10.6%

NANJING — East China’s Jiangsu province reported a 10.6 percent increase in foreign trade in the first eight months of the year to 3.63 trillion yuan ($525 billion), official data showed.

Exports rose 13.6 percent year-on-year to 2.31 trillion yuan, while imports went up 5.7 percent to 1.32 trillion yuan, according to Nanjing customs.

During the period, Jiangsu’s major trading partners were the European Union, the Association of Southeast Asian Nations, and the United States. The province’s trade with countries and regions along the Belt and Road increased 14.8 percent to over 954 billion yuan.

In the January-August period, Jiangsu’s exports of mechanical and electrical products reached 1.51 trillion yuan, up 13 percent year-on-year, customs data showed.