Jiaxing City's total import and export value in the first half of the year broke the 100 billion mark

In June this year, Jiaxing City achieved a total import and export value of 22.3 billion yuan, a year-on-year increase of 23.3%. The monthly import and export value reached a record high after last month. Among them, the export value was 16.5 billion yuan, a year-on-year increase of 24.1%. The monthly export value exceeded the record high in August 2016; the import was 5.8 billion yuan, up 21.1% year-on-year. Jiaxing Import and Export has closed its semi-annual report with "Red June".

According to Jiaxing Customs statistics, in the first half of 2017, Jiaxing City achieved a total import and export value of 118.95 billion yuan, a year-on-year increase of 22.4%; of which, exports were 85.31 billion yuan, up 17.2%; imports were 33.64 billion yuan, up 38%. Among the 11 prefectures and cities in the province, the import and export value, export value and import value of the city ranked 4th, 5th and 3rd respectively, with the third and third and sixth places respectively.

In the first half of this year, Jiaxing's foreign trade exports grew rapidly, and the export of high-tech products such as solar cells and mobile phones increased substantially. The important position of export of mechanical and electrical products and labor-intensive products continued to be maintained. In recent years, the transformation and upgrading of Jiaxing's foreign trade industry has achieved remarkable results, prompting a substantial increase in the export of high-tech products. In the first half of the year, Jiaxing's high-tech products exported 5.98 billion yuan, a substantial increase of 50.8%, accounting for 7% of the city's total export value. Among them, solar cells and mobile phones respectively exported 1.86 billion yuan and 580 million yuan, an increase of 1.2 times and 136.2 times respectively. In the same period, the important position of export of mechanical and electrical products and labor products continued to be maintained. In the first half of the year, Jiaxing exported 31.99 billion yuan of mechanical and electrical products, an increase of 26.9%, accounting for 37.5% of the city's total export value; the export of seven major categories of traditional labor-intensive products such as textiles and clothing was 40.59 billion yuan, up 11.6%, accounting for 47.6%.

Among the major trading partners, Jiaxing has the strongest growth in exports to the United States due to the relatively good economic recovery in the United States. In the first half of the year, exports to the US were 23.2 billion yuan, an increase of 20.9%, accounting for 27.2% of the city's total export value. In addition, driven by the national “One Belt, One Road” policy, Jiaxing’s exports to countries along the “Belt and Road” have also maintained rapid growth. In the first half of the year, exports were 23.6 billion yuan, up 21%. In the same period, exports to the EU reached 18.92 billion yuan, up 13.3%; exports to ASEAN and Japan were 6.77 billion yuan and 6.46 billion yuan, up 13.8% and 12.2% respectively.

From the perspective of various regions of the city, the city's export-level exports grew fastest in the first half of the year, with an export of 25.32 billion yuan, an increase of 22.6%. Haining, Pinghu, Tongxiang, Jiashan and Haiyan exported 19.92 billion yuan, 13.12 billion yuan, and 11.64 billion, respectively. Yuan, 9.91 billion yuan and 5.4 billion yuan, up 15%, 13.8%, 13.3%, 16.3% and 19.7% respectively.

Jiaxing Customs analysts said that at present, Jiaxing City is building a comprehensive Shanghai demonstration zone, which provides a rare historical opportunity for Jiaxing to expand its opening. Under this historical opportunity, in order to maintain the strong trend of Jiaxing's foreign trade development, it is necessary to take the internationalization as the guide and take a new round of opening up with the “Belt and Road” to consolidate Jiaxing's trade advantage in the development of countries along the “Belt and Road”. In addition, efforts should be made to improve the precision of investment promotion and accelerate the development of high-tech industries. Continue to vigorously cultivate new advantages in foreign trade competition, focus on the development of large-scale foreign trade enterprises, consolidate the foundation of foreign trade growth, continuously optimize the design of market procurement system, further stabilize the first-mover advantage, accumulate growth momentum, and promote the construction of open platforms such as the comprehensive insurance zone and Jiaxing port area. New progress, creating a new high-level open highland, and constantly expanding new development space.

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