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Chinese small commodities center doing more trade with Africa

Xinhua, January 14, 2016 Adjust font size:

Imports and exports between African countries and the eastern Chinese city of Yiwu, known for its small commodities trade, both grew substantially in 2015, according to new official data.

Yiwu exported 49.2 billion yuan's (7.46 billion U.S. dollars) worth of petty commodities to Africa in 2015, an increase of 50.9 percent year on year, said the Zhejiang Province customs administration on Thursday.

Goods including clothes, shoes, toys and electromechanical equipment were shipped to more than 50 African countries.

Yiwu imported 610 million yuan's worth of goods including tea, diamonds, wood carvings and horn decorations from Africa, up 65.3 percent year on year.

More than 3,000 African merchants are stationed in Yiwu for business. Africans make more than 80,000 trips to Zhejiang every year, according to the provincial customs administration. Endi