The total industrial output value of the China (Guangxi) Pilot Free Trade Zone (FTZ) in the first half of the year reached 66.86 billion yuan ($9,27 billion), an increase of 13.6 percent.
According to Customs data, China's beef imports have more than doubled from 1.04 million metric tons in 2018 to 2.69 million tons recorded in 2022. Last year alone, China imported nearly $17.76 billion of beef, an increase of 42.19 percent over the previous year.
The total volume of imports and exports passing through the New International Land-Sea Trade Corridor via the China (Guangxi) Pilot Free Trade Zone (FTZ) exceeded 290 billion yuan ($40 billion) in the first half of this year.
Five companies in the Nanning area of the China (Guangxi) Pilot Free Trade Zone (FTZ) were recently selected as specialized and sophisticated small and medium-sized enterprises (SMEs) that produce new and unique products in 2023.
Recently, the world's first production line that uses low-nickel matte to produce nickel-rich matte made by GNGR was put into operation in the Qinzhou Port area of the China (Guangxi) Pilot Free Trade Zone (FTZ).
Since its establishment in 2019, the China (Guangxi) Free Trade Zone (FTZ) has used $1.57 billion in foreign investment and achieved import and export volume of 832.88 billion yuan ($115.95 billion).
On July 28, a symposium was held between the China (Guangxi) Pilot Free Trade Zone (FTZ) Working Office and the Hong Kong branch of the Bank of China.
Soon after the Youyiguan border crossing in south China's Guangxi Zhuang Autonomous Region opened for customs clearing, a procession of trucks carrying goods like fruits, electronic appliances and agricultural products from ASEAN countries began streaming into the world's second-largest economy.