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Hainan-ASEAN Trade Value Exceeds ¥48B in Jan-Oct, up 66.5%

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Hainan-ASEAN Trade Value Exceeds ¥48B in Jan-Oct, up 66.5%

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According to Haikou Customs, with the deepening of trade cooperation between Hainan and the ASEAN, the trade value between the two sides exceeded 48 billion yuan in the first 10 months of this year, up 66.5% year-on-year. The growth rate was 45.3 percentage points faster than Hainan's foreign trade growth rate during the same period. The ASEAN has maintained its position as Hainan's largest trading partner for three consecutive years.


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Hainan, China's southernmost island-province, has always been at the forefront of the country's reform and opening-up. With the construction of its free trade port with Chinese characteristics, Hainan is now becoming a global economic powerhouse. Personally planned, deployed and promoted by Chinese President Xi Jinping, Hainan's economy master plan focuses on the development of high-quality new productive forces and promotes low-carbon and green industries, making it a world-class destination and a magnet for investors and visitors alike. As CGTN introduces The Forefront, a special series featuring talks on China's governance with the country's ministers and governors, CGTN's Wang Guan sat down with Feng Fei, secretary of Hainan's CPC Provincial Committee, in the debut episode for an exclusive interview to discuss Hainan's main policies and initiatives. Stay tuned to CGTN for The Forefront on March 12 at 11:30 Beijing Time.

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