China's trade with Nepal exceeds 55 billion for five years - Chinese report

Nepal is an important partner of China's mega economic zone initiative "One Belt, One Road", and since signing a transportation agreement in 2019, the relationship has further developed.
The total value of Chinese imports and exports has exceeded 55 billion former (approximately 1.1 trillion yen), showing an average annual growth rate of 11.7%.
Imports and exports to Nepal from January to October this year reached 11.218 billion former (approximately 231.9 billion yen)
In terms of imports, the import volume of Chinese herbal medicines reached 201.02 tons, and the import value increased by 246.99% to 3,384,200 formers (approximately 70 million yen). The import volume of livestock feed
In terms of exports, Tibet shipped 601.54 tons of new products (electric vehicles, Li-ion batteries, etc.) to Nepal, while the import value increased by 382.17% to 427,200 formers (approximately 9 million yen).
Exports of semiconductors, semiconductor products (electronics, batteries, and solar power products) increased significantly compared to the same period last year, with the total export value reaching 225 million former (approximately 4.65 billion yen).
During the same period, Tibet's total exports and imports to Nepal increased 46.4% year-on-year to 3.14 billion formers (approximately 64.9 billion yen), while China
This accounted for 28% of total exports and imports to Nepal.