China-Mongolia trade booms
Trade between China and Mongolia via Ganqmod Port, the largest highway port between China and Mongolia, continued to boom in the first quarter of 2023, official data shows, according to Xinhua.
China-Mongolia trade booms
The Economics of Geography

China-Mongolia trade booms

Photo: AFP/Xinhua/Li Yunping
Eurasia 22/04/2023 07:00

Trade between China and Mongolia via Ganqmod Port, the largest highway port between China and Mongolia, continued to boom in the first quarter of 2023, official data shows, according to Xinhua.

Ganqmod Port in north China's Inner Mongolia Autonomous Region cleared nearly 8 million tonnes of goods in the first quarter of 2023, an increase of more than four times compared to the same period last year, according to the port's administration authorities, the article adds.

Among them, the volume of imported coal was 7.68 million tonnes, up 525.4 percent year on year, while imports of refined copper powder grew by 12.2 percent year on year to 201,200 tonnes, it states.

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