Guangdong-CELAC trade volume tops 65.5 bln U.S. dollars in 2022

Xinhua
25 May 2023, 02:05 GMT+10

GUANGZHOU, May 24 (Xinhua) -- The trade volume between south China's Guangdong Province and the Community of Latin American and Caribbean States (CELAC) exceeded 65.5 billion U.S. dollars in 2022, up 9.5 percent year on year, according to the China-CELAC Private Sector Forum held on Wednesday in Dongguan, Guangdong.

With the active participation of private enterprises, Guangdong has continuously strengthened its friendly exchanges, economic cooperation and trade cooperation with Latin American and Caribbean countries in recent years. The province and CELAC have paired 18 cities with sister cities, and 11 Latin American countries have established consulates general in Guangzhou, capital of Guangdong.

In 2022, the added value of Guangdong's private economy was 6.98 trillion yuan (about 989.23 billion U.S. dollars), and the total import and export value of the province's private economy was 4.87 trillion yuan, according to the provincial government.

Guangdong will continue steadfastly promoting high-level opening-up, and building a market-oriented, law-based and internationalized business environment to deepen its private economic cooperation with Latin American and Caribbean countries.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Jamaican Times.

More Information

32 ℃

Fair / Windy in Kingston

Business

Section

UAW stir hits GM, Stellantis dealers, customers with parts shortage

DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...

Toyota aiming for over 600,000 electric vehicles by 2025

TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...

240,000 Ford EcoSport SUVs being investigated for oil pump failures

WASHINGTON D.C.: After consumer complaints of oil pump failures, the National Highway Traffic Safety Administration's (NHTSA) Office of Defects Investigation ...