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Cargo throughput hits new high at northeast China's Heihe port in H1

China

China

China

Cargo throughput hits new high at northeast China's Heihe port in H1

2025-07-29 17:37 Last Updated At:07-30 02:17

The cargo throughput at the Heihe highway port in northeast China's Heilongjiang Province hit a new high in the first half of 2025, according to the data from local customs authorities.

Specifically, the port handled 356,000 tons of imports and exports worth 10.68 billion yuan in the six months, up 27.8 percent and 52.6 percent year on year, respectively.

Thanks to the port's efforts to improve work efficiency, hazardous chemical substances like natural gases imported from Russia can be sent to downstream enterprises within the same day after clearance.

In the first half of 2025, the import and export of hazardous chemical substances via the port increased by over three times year on year.

"At present, we handle an estimated 10 trucks of imported [hazardous chemical substance], weighing 180 tonnes. In cooperation with customs officers, it takes each vehicle around 20 minutes on average to be cleared," said Lu Xiaowei, manager of a local energy enterprise.

The port has also opened green channels for imported and exported vegetables and fruits to be cleared quickly, with a significant increase in exports of such products.

"In the first half of 2025, we exported over 2,200 trucks [of vegetables and fruits], weighing around 50,000 tonnes. The turnover has approached 170 million yuan, exceeding the total volume in 2024," said Li Tingting, manager of a trading company.

"We operate a round-the-clock online reservation mechanism to ensure instant inspection as goods arrive. The inspections feature no delay for release. From January to June 2025, the export of vegetables and fruits increased by over 60 percent," said An Yang, a customs officer.

Cargo throughput hits new high at northeast China's Heihe port in H1

Cargo throughput hits new high at northeast China's Heihe port in H1

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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