Guangxi reaps trade bonanza with influx of goods, travelers
Total value of cross-border business hits 62.6 billion yuan in H1, up 126% YoY
NANNING — Soon after the Youyiguan border crossing in South China's Guangxi Zhuang autonomous region opened for Customs clearance, a procession of trucks carrying goods — including fruits, electronic appliances and agricultural products — from the Association of Southeast Asian Nations began streaming into the world's second-largest economy.
Simultaneously, vehicles laden with textiles, auto parts, and steel moved in the opposite direction, facilitating seamless trade between the regions.
The daily traffic capacity of Youyiguan Port, one of the most vibrant land ports for imported and exported fruits located at the China-Vietnam border in Pingxiang city, has now fully returned to the pre-pandemic level after nearly three years of partial closure.
In the first half of 2023, the total value of Guangxi's cross-border trade hit 62.6 billion yuan ($8.7 billion), up 126.3 percent year-on-year, accounting for 18.5 percent of the region's total foreign trade value, Customs data showed.
