Source: China News Service, Xining, March 11, 2025
In the first two months of 2025, Qinghai Province’s imports and exports to countries along the Belt and Road Initiative (BRI) reached 950 million yuan (CNY), a year-on-year increase of 91.7%, accounting for 81.2% of the province’s total foreign trade value. This growth underscores Qinghai’s efforts to deepen high-quality cooperation under the BRI and diversify its international trade partners.
Key Highlights:
Diversified Trade Partners
The top five trading partners in 2025 were the European Union, ASEAN, Russia, Democratic Republic of the Congo, and New Zealand, with combined trade value of 930 million yuan, representing 79.4% of Qinghai’s total foreign trade.
Government Support for Businesses
The Qinghai Provincial Department of Commerce has enhanced its foreign trade risk alert system to monitor international policy changes and collect critical industry data (예), chemicals, photovoltaics, lithium-ion batteries, agriculture, and new materials). This information is shared in a timely manner with local authorities, industrial parks, and enterprises to help them mitigate risks and explore new partnerships.
Emerging Export Strengths
New Energy Products: Lithium-ion battery exports surged 35.6 times to 320 million yuan, ranking first in the nation.
Agricultural Products: Cold-water fish (trout) exports reached 1,062.6 tons, accounting for 74.8% of the national total, while plateau vegetables exports grew 3.8 times.
Qinghai’s rapid growth in foreign trade—led by private enterprises—has positioned it as a national leader, with a total import-export value of 1.17 billion yuan in Jan-Feb 2025, up 75.3% year-on-year. The province continues to leverage its natural resource advantages (예), salt lakes) to drive industrial upgrading and innovation