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2021-04-26 07:50:31 GMT2021-04-26 15:50:31(Beijing Time) Xinhua English
NANCHANG/ZHENGZHOU, April 26 (Xinhua) Employees at a company located in Pingxiang City in China s Jiangxi Province worked at full speed to produce post insulator products to complete the growing orders from countries participating in the Belt and Road Initiative (BRI). Our traditional market was greatly affected by COVID-19, so we started to exploit new markets and have witnessed a year-on-year increase of export volume with Belt and Road countries, said Zhang Xuchang, chairman of Sinoma Jiangxi Insulator and Electricity Co., Ltd.
The company s business expansion mirrors the energetic development of enterprises in China s central region amid the COVID-19 pandemic. In 2020, Jiangxi s import and export volume with Belt and Road countries and regions reached 170.62 billion yuan (about 26.05 billion U.S. dollars), accounting for 42.5 percent of the province s total foreign trade.