Border market set up to facilitate Vietnam-China trade

A working group of Guangxi’s border gate authorities have recently inspected Longbang market in Jingxi city, which was designed to facilitate cross-border trade with Vietnam through Hung Quoc border gate in Tra Linh district, Cao Bang province.

Visitors to a store at Longbang market (Photo: VNA)

Hanoi(VNA) – A working group of Guangxi’s border gate authorities have recently inspected Longbang market in Jingxicity, which was designed to facilitate cross-border trade with Vietnam through Hung Quoc border gate inTra Linh district, northern Cao Bang province.

The market will satisfy shopping demands and “one-door” payments between peopleliving in border areas of the two countries.

Jingxi city’s authorities have instructed local people to join in cross-bordertrading. The city is now vibrant with “cyclo economy” as commodities are beingtransported by over 100 cyclos between the two sides.

According to the Imports and Exports Quarantine Bureau of Guangxi province, Jingxipeople have shipped such key products to Vietnam as garments and machines whilethey buy cotton cloth, wood and walnuts from Vietnam.

The establishment of Longbang market was spurred by bustling trade activitiesbetween the two sides, the bureau said.-VNA     

VNA