According to Yongzhou Customs lately, the total value of imports and exports from January to August in Nanning stood at 63.05 billion yuan, an increase of 39.6% on a year-on-year basis, projecting a rapidly growing trend. In August alone, the value of imports and exports was 9.48 billion yuan, with a growth rate of almost 20% higher than that of last year.
Reportedly, owing to the steady development of processing trade as well as imports and exports of private enterprises, Nanning saw rapid growth of imports and exports this year. The data of Nanning’s imports and exports concerning processing trade were outstanding; from January to August, the value of imports and exports concerning processing trade in Nanning arrived at 44.66 billion yuan, surging by 51.3% compared with that of last year and accounting for nearly 70.8% of the total value of Nanning’s imports and exports. They have become the main engine driving the steady growth of Nanning’s imports and exports as a whole.