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Exporters from West China
Encouraged by Export Rise
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Exporters from the western China region at the 87th
China Commodity Exports Fair, which has just concluded in this capital of south China's
Guangdong Province, are encouraged by an increase of export transactions. Although total
exports volume cannot compare to their counterparts in China's east, higher growth margins
were recorded, indicating a great market potential.
The Xinjiang Uygur Autonomous Region, for example, clinched US$ 148. 9 million worth of
exports contracts at the biannual event, an increase of 12.9 percent from the previous
spring session.
Sichuan Province saw its exports volume increase by 75 percent, Gansu 73 percent and
Chongqing 63 percent at the country's largest export fair. The Inner Mongolia Autonomous
Region even had a jump of 374 percent in exports.
A trade delegate from the Ningxia Hui Autonomous Region told Xinhua that Ningxia's exports
picked up by 24 percent to US$ 340 million last year, much higher than the country's
averaged eight percent export growth.
Yang Zhongfeng, a trade official from Xinjiang, said that the autonomous region covers a
sixth of China's land area. However, only a small amount of the rich local resources has
been developed, hampered by outdated infrastructure and outdated industrial structure.
One of the major problems facing exporters in the western regions is how to turn cheap raw
materials into high value-added export products.
The Chinese government's strategy to develop the western regions on a large scale is to
help upgrade the transport and information infrastructure in these areas. This will no
doubt give a major impetus to rapid export growth in the west. |
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