Cross-border trade between Dehong and Myanmar has entered the fast lane of development in the past few years, with the trade volume surging over 10 times from 2001 to reach 31.5 billion yuan in 2018, according to official data.
U Aung Htoo, Myanmar's deputy commerce minister, said at the fair's opening ceremony that China is Myanmar's major trade partner and the two sides have been advancing trade cooperation in recent years to boost border trade, improve transport infrastructure and promote the development of the border areas.
According to data from China's Ministry of Commerce, bilateral trade between the two neighboring countries reached 13.54 billion U.S. dollars in the first nine months of the year, an annual increase of 17.9 percent. Over the period, China's imports from Myanmar jumped 32 percent to reach 4.67 billion dollars.
"I hope the fair will help our company find Chinese buyers and tap into the great potential of the Chinese market," said Kyaw They, a Myanmarese exhibitor who was displaying his company's cosmetic products and pickled tea leaves at the fair.
Yang Zhenwang, a Chinese exhibitor and general manager of a Chinese agricultural machinery company, said his company has seen a 10-fold increase in its sales in Myanmar over the past seven years to exceed 4 million yuan this year.
"We mainly export our agricultural equipment to Myanmar via the land port in Ruili, and I expect the border trade fair in the city will help us get more orders from Myanmar," Yang said.
【国内英语资讯:China Focus: Entrepreneurs seek opportunities at China-Myanmar border trade fair】相关文章:
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2020-09-15
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