Trade Thrives at China’s Xizang Land Ports: Soaring Imports and Exports Signal Economic Boom

From January to November 2023, four mainland ports in the Xizang Autonomous Region in southwest China generated 4.56 billion yuan (642.2 million U.S. dollars) in import and export revenue.

Land ports in China’s Xizang see growing imports and exports (Photo: Google)

Land Ports in Xizang Experience Impressive Growth

This is an 80.2 percent year-over-year rise, according to the regional department of commerce. The ports of Gyirong, Burang, Zham, and Lektse handled 129,900 tons of cargo, a 47.4% increase.

Inbound and outgoing vehicles transiting through these land ports increased 110.2 percent year-over-year, along with trade value and volume.

This increase is due to the return of two-way cargo customs clearance and personnel exchanges at Zham, Gyirong, and Burang ports. Last November, the plateau region’s fourth land port, Lektse, opened.

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Prosperity Along the Borders: Xizang’s Border Residents See 32.4% Trade Increase

Border residents’ trade volume increased 32.4 percent year-on-year to roughly 1.33 billion yuan from January to October, boosting their profits. Xizang’s foreign commerce increased by 72.5% in the first eight months of 2023, with commercial partners from over 90 countries and regions.

Xizang’s strategic use of its geographical and policy advantages has made it a key gateway for expanding to South Asia. The area has expanded its opening-up initiatives in breadth and depth, boosting its economy and worldwide commerce.

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