In January-September, countries participating in the Belt and Road Initiative accounted for 78.5 percent of Inner Mongolia's foreign trade turnover.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, October 28 (Xinhua) — In the first three quarters of 2025, trade between North China's Inner Mongolia Autonomous Region and countries participating in the Belt and Road Initiative amounted to 122.11 billion yuan (approximately 17.2 billion U.S. dollars), or 78.5 percent of the region's total foreign trade, the Neimenggu Ribao daily reported.

According to statistics from local customs, Inner Mongolia's foreign trade turnover reached 155.59 billion yuan from January to September this year, up 1 percent year-on-year.

During this period, Inner Mongolia maintained trade relations with 179 countries and regions worldwide. Its trade turnover with its main trading partners, Mongolia and Russia, amounted to 56.12 billion and 20.62 billion yuan, respectively. Its trade turnover with Chile and Peru also grew rapidly, reaching 66.1 percent and 50.9 percent, respectively, year-on-year.

Non-state-owned enterprises continue to play a leading role in the development of Inner Mongolia's foreign trade. In the first three quarters, their foreign trade turnover reached 124.49 billion yuan, a 3.5 percent increase year-on-year, accounting for 80 percent of the region's total foreign trade.

In January-September, Inner Mongolia's exports of agricultural products, basic organic chemicals, and labor-intensive products increased by 10.5 percent, 14.5 percent, and 26.2 percent year-on-year, respectively, while high-tech product exports grew by 14.7 percent to 7.83 billion yuan.

In the first nine months, Inner Mongolia's imports of copper powder, coal, iron ore and other raw materials totaled 75.19 billion yuan, up 2.7 percent year-on-year, accounting for 79.6 percent of the region's total imports.

Local customs noted that the current external environment remains challenging and complex, and the uncertainty facing foreign trade is growing. Therefore, Inner Mongolia needs to make further efforts to achieve the goal of maintaining stable growth in foreign trade volume and improving its quality in the fourth quarter of this year.

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