Media Coverage

Release time:2017-07-23

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Our province exports account for One-eighth of China

Reporters learned from Hangzhou customs on January 25th, that the total import and export volume of our province was 2.22 trillion yuan in 2016, up 3% year-on-year in the nationwide decline of 0.9%. Among them, the export took up 1.77 trillion yuan, up 2.9%; The imports took up 0.45 trillion yuan, up 3.7%. The import and exports,  exports scale had reached the highest point in the history. Zhejiang is still the top 1 on the list of nationwide export. The share of the province's import and export, export and import accounted for 9.1%, 12.7% and 4.3% respectively in 2016, p 0.3, 0.6 and 0.1 percentage points respectively from the previous year.

“The G20 Hangzhou summit has brought new opportunities to us. The embroidery machinery in countries along the "One Belt And One Road" was up nearly 30% last year.” Said excited by Luo Xiaojun, manager of foreign trade department of Zhejiang Xinsheng Sewing Equipment Co.,Ltd. The company focused on the "One Belt And One Road" market and gained a lot in 2016. “Early last year, we actively visited markets such as Turkey and participated actively in local exhibitions. Over the past year, exports to Turkey have grown 2.5 times from 2015. This year we will also step up efforts to tap the market potential of countries such as Turkey and Morocco.”

During the global trade downturn, Zhejiang seized the opportunity of "One Belt And One Road" to explore new markets and explore new increments. The export volume of countries along the One Belt And One Road has increased significantly on the basis of steady growth of the European and American markets in 2016, ranking second in China, with a growth rate of 3.6%, ahead of the national growth rate of 3.4 percentage points.

In addition to expanding the new market to obtain foreign trade increment, it is also the key to the development of foreign trade in Zhejiang, by improving the technical quality and setting up the brand to enhance the added value of the products. According to the data, the export and import commodity structure of the province is gradually changing to "superior and excellent" in 2016. The export of mechanical and electrical products and high-tech products increased by 3.5% and 6.5% respectively. The growth rate of them increased by 5.4 points and 8.5 percentage points respectively, further increasing in the proportion of foreign trade among the province.

The rapid development of new industries, new modes and new formats of cross-border e-commerce, market procurement and trade is the highlight of Zhejiang's foreign trade. The total cross-border retail sales in the province reached 4.08 billion yuan, up 39.8%, boosting the export growth of the province by 0.1 percentage points; The import reached  8.44 billion yuan, up 50.1%, leading to a 0.6 percentage point increase in the import and export volume of the whole province and ranking second in China. The export growth of the market was 5.1%, boosting the export growth of the province by half a percentage point.