Recently, it is learned that Nanning continuously offers a smooth “Nanning Channel” in 2020 and strives for high-quality development as a capital city through high-level opening-up, with continuous development of foreign trade structure in Nanning.
It is understood that the import and export volume between Nanning and ASEAN was 18.11 billion yuan in 2020 with a year-on-year growth rate of 63%; the import and export volume of processing trade was 69.27 billion yuan with a year-on-year growth rate of 34.2%, accounting for 70% of the export and import volume of the whole city and boosting the foreign trade to increase by 23.6%. The output value of processing enterprises accounted for 15% of the industrial output volume above scale in the whole city. 50% of the electronic information industrial products in the whole city were sold to the overseas markets in the form of processing trade export. Apart from all these, there were 40 enterprises newly settled in China (Nanning) Cross-Border E-Commerce Comprehensive Pilot Zone in 2020 and the relevant import and export volume of cross-border e-commerce was 2.16 billion yuan during the past whole year, which increased by 198% compared with that of last year, ranking forefront among all comprehensive pilot zones in the whole country.