Monday, February 20, 2012

Xinjiang’s Inland Port Sees Jump in Foreign Trade.

Alataw Pass is modernizing the Silk Road
China's largest inland port, the port of Alataw Pass in Xinjiang Uygur autonomous region located in western China, saw its foreign trade value reach US$17.4 billion last year, up by 46.5% from the previous year. Last year, China imported 18.62 million tons of goods through the port, with an import value of US$ 14 billion. Exports from the inland port were 1.72 million tons with a value of US$3.4 billion, according to the Customs of Urumqi, the capital city of Xinjiang province. I believe this inland port in Xinjiang province will completely change the financial environment of western China as well as improve the cargo traffic through the ports of some Baltic states like Estonia.

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