The total volume of foreign trade in the China (Guangxi) Pilot Free Trade Zone (FTZ) reached 65.51 billion yuan in the first quarter of this year, showing a year-on-year growth of 103.4 percent, and accounting for 39.05 percent of Guangxi's total.

In the first quarter, the amount of actually utilized foreign capital in the Guangxi FTZ reached $298 million, accounting for 63.4 percent of the region's total, and increasing by 484 percent year on year.

In the first quarter, the import and export volume for cross-border e-commerce products in the Nanning area of the Guangxi FTZ reached 4.13 billion yuan ($596 million), indicating a year-on-year growth of 52.1 percent. The total industrial output value of the Qinzhou Port area of the Guangxi FTZ reached 32.8 billion yuan, with a year-on-year growth of 15.4 percent.

Additionally, the Chongzuo area of the Guangxi FTZ signed three new projects during this period, with an investment of 730 million yuan.

The Nanning area of the Guangxi FTZ. [Photo/WeChat account: gh_df8bc987e060]