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    Chinese inland ports see uptick in trade with Southeast Asia

    来源:shippingazette    编辑:编辑部    发布:2023/02/01 11:45:00

    FOLLOWING the end of the Chinese New Year holidays several major ports in Southwest China's Yunnan Province have witnessed surging trade activities with various neighbouring countries, including Myanmar, Laos and Vietnam, according to local officials and traders.

    The increased activities at the border ports are the latest sign that China's trade with Southeast Asian countries will likely continue to maintain high-speed growth in 2023 after a 15 per cent rise in 2022, experts noted, according to Beijing's Global Times.

    A recent report said that a truck loaded with raw materials for traditional Chinese medicine recently left Muse, Myanmar and entered Ruili, Southwest China's Yunnan Province without switching drivers showing that cargo operations at the checkpoint have returned to pre-epidemic standards.

    Ruili port is using a simplified customs clearance process, which has greatly expedited border crossing.

    Communication between joint inspection units and enterprises can help ensure "zero waiting" and "zero delays" in the inspection process.

    The Ruili port is one of the busiest China-Myanmar border crossings, and it's crucial to trade. In 2019, total cargo volume through Ruili port exceeded 17.45 million tonnes worth nearly CNY100 billion (US$14.74 billion), accounting for about 80 per cent of the province's volume with Myanmar.

    Cross-border trade with other Southeast Asian countries also increased during the holidays.

    According to Customs authorities in Kunming, during the Spring Festival (January 21-27), Kunming Customs approved 68,400 tonnes of international freight via the China-Laos railway, up 237 per cent compared with 2022.

    Major Chinese exports include textiles, steel, hardware and small household appliances, while imports to China include iron ore, cassava starch and crude lead ingots.

    The Hekou border crossing, the largest port on the China-Vietnam border in Yunnan, recorded its first peak of passenger and cargo trade this year, with streams of Chinese and foreign tourists buying Spring Festival goods, visiting relatives and friends, and conducting business negotiations.

    The border station approved more than 9,000 passenger visits, 750 freight vehicles, 10 freight trains and more than 11,000 tonnes of cargo from January 21-26.

    China's foreign trade with the Association of Southeast Asian Nations (ASEAN) grew 15 per cent year on year in 2022, the first year the Regional Comprehensive Economic Partnership was in effect, and the region remained China's top trade partner.

    China's total trade with ASEAN came to CNY6.52 trillion in 2022. Exports reached CNY3.79 trillion, an increase of 21.7 per cent, and imports made up CNY2.73 trillion, up 6.8 per cent, the General Administration of Customs said.