Nanjing Customs announced on the 11th that in the first four months of this year, Jiangsu's foreign trade has maintained a steady increase in imports and exports.
Located in the eastern part of China's Jiangsu province, the city of Tonghai in Jiangsu Province has convenient transportation and economic development is well known for its foreign trade. In 2017, Jiangsu's foreign trade import and export broke 4 trillion yuan (RMB, the same below), an increase of 19.1%, and the 'mass' remained the national level for 15 consecutive years. The second place.
This scale advantage continues. The General Administration of Customs statistics show that during the first four months of this year, the total value of China’s trade in goods was 9.11 trillion yuan, up 8.9% year-on-year. The Nanjing Customs data showed that the first four months of the year saw the realization of foreign trade in Jiangsu. Exports were 1,317.74 billion yuan, an increase of 10.4% over the same period of last year. The growth rate was higher than that of the whole country. It accounted for 14.5% of the total value of China's imports and exports in the same period, accounting for about one-seventh of the country's total.
In fact, since 2017, when Jiangsu's foreign trade has turned its tide and pulled up quickly, since 2018 it has opened so far, Jiangsu’s foreign trade 'report card' is bright and stable.
According to the analysis by Nanjing Customs on the 11th, from the point of view of 'physical', the province’s general trade imports and exports increased significantly, accounting for a higher proportion; general trade, processing trade, import and export accounted for 49.1% and 38.6% of the total value of Jiangsu's imports and exports, respectively.
From the perspective of the international 'friendship circle', the EU, the United States, South Korea, ASEAN, and Japan are the top five trading partners of Jiangsu. At the same time, Jiangsu's exports to countries along the 'Belt and Road' are growing faster, and the first four months of the UAE, Saudi Arabia The imports and exports of Arabia, Turkey, and Bangladesh increased by 26.4%, 14.7%, 12.9%, and 16.3%, respectively.
The internal changes in Jiangsu's foreign trade have also undergone internal changes: The dominant position of foreign-invested companies has weakened; private enterprises and state-owned enterprises have experienced rapid growth in imports and exports; the export growth rate of mechanical and electrical products and labor-intensive products has been significantly different; the import of integrated circuits and other mechanical and electrical products has increased rapidly. .
In the first four months of this year, foreign-invested enterprises' imports and exports accounted for 62.2% of the total value of imports and exports in Jiangsu, which was 2.6 percentage points lower than the same period of last year. The export value of electromechanical products that accounted for over 60% of the province's total export value was 9.9%. The export of clothing, textile yarn fabrics and products, footwear, plastic products, bags, toys, furniture and other seven traditional labor-intensive products, the growth rate was only 1.9%.