USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

Guangxi-Vietnam bilateral trade to exceed $20b in 2016

Xinhua | Updated: 2016-12-12 10:11

NANNING - Bilateral trade between south China's Guangxi Zhuang autonomous region and Vietnam is expected to exceed $20 billion this year, local authorities said on Sunday.

"Bilateral trade in the first 10 months this year has reached $18.38 billion," said Huang Huansheng, deputy head of the regional commerce department at the opening of the 24th China-Vietnam border tourism festival.

Economic and trade cooperation between Guangxi and Vietnam has greatly deepened since the establishment of China-ASEAN Free Trade Zone in 2010.

Vietnam has been Guangxi's biggest trading partner for 17 consecutive years. Last year, bilateral trade reached $24.64 billion, accounting for 84.9 percent of total trade between Guangxi and ASEAN members.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US