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Foreign trade along Yellow River important to support "double cycle" of Yellow River basin

From:社科报原创2021-12-21 12:25

On December 10, Shandong Academy of Social Sciences and Social Sciences Academic Press jointly released the Blue Book of the Yellow River Basin: Report on Ecological protection and High-quality Development of the Yellow River Basin (2021).

The blue book states that the export-oriented economy of the nine provinces and regions in the Yellow River Basin area has great development potential and plays a key connecting role in promoting two-way mutual aid between the eastern and western parts of China, acting as a link between land and sea as well as between home and abroad. Foreign trade along the Yellow River is an important way to support the "double cycle" of the whole Yellow River basin. In 2020, the total import and export volume of the nine provinces and regions in the Yellow River Basin was 4.36 trillion yuan, accounting for 13.56% of the total national import and export volume of 32.16 trillion yuan. In the future, we should actively develop new patterns and models of trade, enhance regional cooperation between the east and west, deepen the implementation of the innovation-driven development strategy, and strive to bolster the opening-up capabilities of the whole Yellow River basin.