CHONGQING (CQNEWS) Liangjiang New Area achieved a total value of $30.51 billion for foreign trade in 2013, more than that of the surrounding provinces for the third consecutive year. It is also the third year that has seen the utilised foreign capital surpassing $3 billion. The new area is gradually becoming the portal for inland opening.

The gross import and export value increased by 43% to $30.51 billion, while the average growth rate over previous years of the city is 29.1%, accounting 44.4% of the total.

Private firms in the new area achieved a foreign trade value of $13.62 billion, taking up 44.6%, ranking first, and the import sector saw a growth rate of over 55.4%. The import and export value achieved by companies with foreign capitals rose by 120% to $12.31 billion, accounting for 40.4%. It also reflects the return of foreign investment in Liangjiang New Area. (Translated by Chen Siyan, Fathom Language Limited)