In the first eight months of this year, Fujian province's total trade with other Regional Comprehensive Economic Partnership (RCEP) member countries reached 459.64 billion yuan ($65.03 billion), a 6.8 percent year-on-year increase and constituting 34.9 percent of Fujian's total import and export value during the same period.

Exports totaled 269.73 billion yuan, up by 10.6 percent year-on-year, while imports stood at 189.91 billion yuan, marking a 1.8 percent year-on-year increase.

Private enterprises in Fujian significantly contributed to this trade, with a total volume of 291.33 billion yuan with other RCEP members, a 14.2 percent increase year-on-year and representing 63.4 percent of the total trade volume. Foreign-invested enterprises also demonstrated growth, with a total volume of 77.24 billion yuan, up by 7.3 percent year-on-year and accounting for 16.8 percent of Fujian's total trade with RCEP countries.

Indonesia, Australia, and Malaysia emerged as key markets for Fujian's trade with RCEP members, with trade volumes reaching 79.2 billion yuan, 72.5 billion yuan, and 55.2 billion yuan, respectively, collectively making up 45 percent of the total trade volume.

Noteworthy trade growth was observed with Singapore and Laos, with trade volumes increasing by 30 percent and 230 percent year-on-year, respectively, to 36.4 billion yuan and 0.95 billion yuan.

Imports mainly comprised metal ore, mineral sands, machinery and electrical products, coal and lignite, accounting for over 50 percent of the total import value. On the export side, machinery and electrical products, and labor-intensive goods continued to perform well.