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China is the world's largest importer of iron ore, with imports exceeding 917 million tons in the first 10 months of 2022.

The province's total import and export value from January to October hit 282.46 billion yuan ($39.73 billion), up 16.4 percent year-on-year.

Among them, Inner Mongolia imported 19.13 billion yuan of coal from Mongolia, up 150.1 percent year-on-year.