Xi'an achieves over 200b yuan in foreign trade in H1

In the first half of this year, the foreign trade value of Xi'an, capital of Northwest China's Shaanxi province, amounted to 203.86 billion yuan ($28.03 billion), marking a 12.6-percent increase from the same period last year.

Exports amounted to 136.57 billion yuan, a 17-percent increase, while imports stood at 67.29 billion yuan, growing by 4.6 percent.

Processing trade made up a major share of the total, with a total value of 105.88 billion yuan, representing 51.9 percent of Xi'an's total foreign trade and growing by 18.6 percent. Meanwhile, bonded logistics trade reached 28.5 billion yuan.

During the period, Xi'an's trade with countries involved in the Belt and Road Initiative totaled 114.28 billion yuan, constituting 56.1 percent of the city's total foreign trade and growing an impressive 21.5 percent.

Furthermore, foreign-invested enterprises played a pivotal role, with a trade volume of 122.13 billion yuan, growing by 26.2 percent.

The export of electromechanical products dominated at 122.26 billion yuan, representing 89.5 percent of total exports and growing by 15.8 percent. Key exports included electronic components, automobiles (including chassis), and computer equipment and parts.

On the import side, electromechanical products amounted to 49.61 billion yuan, comprising 73.7 percent of total imports and rising by 24.8 percent.