Xinjiang sees rapid growth of foreign trade

The Xinjiang Uygur autonomous region's foreign trade in the first 10 months of the year reached 362.79 billion yuan ($50 billion), up 28 percent year-on-year, registering the fastest growth rate among all provincial-level regions around the country.

In 2023, Xinjiang's foreign trade totaled 357.3 billion yuan. From January to October this year, the region's exports reached 308.29 billion yuan, up 28.9 percent, while its imports were worth 54.5 billion yuan, an increase of 23 percent.

During the period, foreign trade by private enterprises in Xinjiang grew 26.8 percent year-on-year and accounted for 92.4 percent of the region's total foreign trade, according to regional customs data.