Xinjiang's Record-Breaking Growth: A New Milestone in China's Economic Landscape
In a remarkable achievement, China’s Xinjiang region has reported a record-breaking surge in foreign trade, with its total import and export value reaching 403.1 billion yuan in 2024, a 26% year-on-year increase. This growth not only marks the first time Xinjiang has crossed the 400 billion yuan threshold but also positions it as the fastest-growing region in China for foreign trade. Let’s delve into the factors driving this unprecedented growth and its implications for China’s economic landscape.