Core Insights - Qinghai Province's total import and export value reached 2.98 billion yuan in the first five months of this year, marking a 50.5% increase compared to the same period last year, the highest growth rate in the country [1] - The number of private enterprises engaged in import and export activities in Qinghai reached 153, with a total import and export value of 2.59 billion yuan, reflecting an 86.3% year-on-year growth, highlighting the increasing role of private enterprises in the province's foreign trade [1] - Exports to countries involved in the Belt and Road Initiative amounted to 2.46 billion yuan, a year-on-year increase of 68.2%, accounting for 82.6% of Qinghai's total import and export value, indicating a deepening cooperation with these countries [1] Industry Performance - The export of new energy products from Qinghai experienced explosive growth, with a total export value of 1.22 billion yuan in the first five months, representing a year-on-year increase of 16.5 times [1] - Exports of lithium-ion batteries reached 1.15 billion yuan, showing a staggering year-on-year growth of 33.5 times, which has been a major driver of the significant increase in Qinghai's foreign trade [1] - The international competitiveness of Qinghai's agricultural products remains strong, with agricultural exports totaling 260 million yuan, a year-on-year increase of 44.9%, the highest growth rate in the country [1] - Exports of cool-season vegetables increased by 2.1 times year-on-year, while exports of frozen trout and related products grew by 1.3 times, indicating the accelerated release of highland "cold resources" [1]