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Jiangsu’s private enterprises hit one trillion yuan in foreign trade in five months

(CFP Photo)

In the first five months of this year, private enterprises in Jiangsu Province achieved foreign trade exceeding 1 trillion yuan, which represented a year-on-year increase of 16.6% and accounted for 46% of the province's total import and export value, according to Nanjing Customs.

These enterprises saw their products - from daily necessities to large machinery and smart household appliances – grow increasingly popular during the period.

This robust growth followed a series of measures implemented by customs authorities, including streamlined customs clearance. Additionally, the Regional Comprehensive Economic Partnership (RCEP) and other support policy also boosted the trade.

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