Trade between Guangdong, CEEC rose 15.2 pct in H1
2019-07-24 11:31 | Xinhua

GUANGZHOU, July 24 (Xinhua) -- South China's Guangdong Province saw its trade with 17 Central and Eastern European Countries (CEEC) rise 15.2 percent year on year in the first half of this year, Customs data showed Wednesday.

Trade between Guangdong and CEEC reached 61.1 billion yuan (about 8.9 billion U.S. dollars) in the first six months. Of the trade, 55.2 billion yuan came from exports from Guangdong to CEEC and 5.9 billion yuan came from imports, registering an increase of 15.4 percent and 14.1 percent, respectively. Poland, Hungary, the Czech Republic and Greece were Guangdong's top four trade partners in CEEC.

Mechanical and electrical products accounted for about 80 percent of the total goods Guangdong exported to CEEC from January to June. Among them, mobile phones and computer equipment were most popular, with their export value rising 22.6 percent and 26.3 percent to 4.5 billion yuan and 2.3 billion yuan, respectively.

Electronic components, food and cosmetics were among the main products Guangdong imported from these countries during the same period.

Guangdong and many other regions in China have seen their trade with the CEEC rise under the China-CEEC cooperation mechanism. Greece was accepted this year as a full member of the mechanism, which was previously known as 16+1 cooperation since it included 16 Central and Eastern European countries and China. Greece's participation has changed the mechanism to the 17+1 cooperation.

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