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Qinghai's cross-border capital net inflow rises 80% in H1_我的网站

A |     (ECNS) -- Foreign trade in northwest China's Xinjiang Uygur Autonomous Region reached 335.22 billion yuan ($49.9 billion) in the first seven months of 2026, up 4.4% year on year, according to Urumqi Customs. In July alone, the region's foreign trade surged 70.4% from a year earlier.    Trade with Belt and Road partner countries rose 6.6%, accounting for 87.2% of Xinjiang's total foreign trade. Trade with ASEAN grew 44.3%, while trade with Africa more than doubled, jumping 112.3%.    Imports grew 20.7 percentage points faster than exports during the period. Imports of bulk commodities rose 33% to 10.787 million metric tons.                        。    (ECNS) -- Northwest China's Qinghai Province recorded a net inflow of $142 million in bank-handled cross-border receipts and payments for clients in the first half of 2026, up 80% year-on-year, according to the third regular press conference of 2026 held by the Qinghai Branch of the People’s Bank of China on Tuesday.        Total bank-handled cross-border receipts and payments reached $496 million during the period, rising 14% year-on-year.    Cross-border receipts stood at $319 million, up 24%, while cross-border payments fell 1% to $177 million, resulting in a significant net inflow of cross-border funds.    The total value of foreign exchange settlements and sales reached $394 million, a slight increase of 1% year-on-year.    Foreign exchange settlements fell 12% to $146 million, while foreign exchange sales rose 11% to $248 million. This resulted in net foreign exchange sales of $102 million, up 74% year-on-year.    Overall, Qinghai's cross-border transactions remained stable, with foreign-related receipts and payments broadly balanced.    (Bu Helen Mo, intern Xu Wenda)                    。

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Published on:18:02:27