Xiamen's value of foreign trade with four BRICS countries of Brazil, Russia, India and South Africa reached 33 billion yuan ($4.95 billion) in 2016. In terms of exports, Xiamen's traditional export products include garments, shoes, LCD screens, light equipments and sports equipments. Its import products include iron ore, stone materials, food, sawn timber, paper pulp and zircon.
Chinese and Russian staff members of the Wangji Group work together in Xiamen, East China's Fujian Province on Aug 18, 2017. The Wangji Group offers a platform for selling Chinese products to Russia and Russian language speaking countries. [Photo by Jiang Kehong/Xinhua]
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.
