Electrical Equipment / Components & Telecoms

) Quanzhou Customs released statistics on the 19th, saying that in the first half of this year, Quanzhou’s foreign trade imports and exports amounted to 124.81 billion yuan, an increase of 55.3%, 28.2 and 16.2 percentage points higher than the country and the province respectively. Among them, exports were 96.76 billion yuan, an increase of 67.2%; imports were 28.05 billion yuan, an increase of 24.5%.

As a "large private economy city in China," Quanzhou has witnessed an increase of nearly 90% in the import and export of private enterprises in the first half of this year. New business formats such as market procurement trade and cross-border e-commerce have performed well, and the import and export growth rate of the three major cities in Fujian Province has reached the same level. The growth rate of exports ranked first, and the steady and positive trend of foreign trade was further consolidated.

From the perspective of trade methods, general trade occupies the leading position in Quanzhou's foreign trade, and market procurement and cross-border e-commerce have become the main highlights of promoting the steady growth of foreign trade. In the first half of the year, Quanzhou enterprises imported 81.02 billion yuan in general trade, an increase of 34.2%. The export value of market procurement trade was 23.75 billion yuan, an increase of 1.7 times. Cross-border e-commerce imports and exports increased significantly by 8.6 times.

From the perspective of import and export enterprises, in the first half of the year, Quanzhou's private enterprises imported 90 billion yuan in imports and exports, an increase of 87.7%, accounting for 72.1% of Quanzhou's total foreign trade value, an increase of 12.4 percentage points from the same period last year, and continuing to rank Quanzhou's largest foreign trade operator. It reached 19.3 billion yuan in a single month in June, a record high. Among them, exports were 83.06 billion yuan, an increase of 90.6%; imports were 6.94 billion yuan, an increase of 58.7%. The import and export of foreign-funded enterprises and state-owned enterprises increased by 1.1% and 97.1% respectively.

From the perspective of trading partners, in the first half of the year, Quanzhou’s imports and exports to ASEAN countries were 32.44 billion yuan, an increase of 83.5%; imports and exports to Saudi Arabia were 15.1 billion yuan, an increase of 58.3%; and imports and exports to the United States were 14.49 billion yuan, an increase of 63.8%. In addition, imports and exports to the EU amounted to 12.54 billion yuan, an increase of 29.8%. The above four accounted for 59.7% of Quanzhou's total foreign trade value.

From the perspective of import and export commodities, the export stimulating role of mechanical and electrical products and traditional labor-intensive products has gradually increased, imported crude oil has continued to grow rapidly, and the structure has continued to be optimized. In the first half of the year, the export of mechanical and electrical products was 19.45 billion yuan, an increase of 94.1%; the export of seven categories of labor-intensive products such as textiles, clothing, footwear, bags, furniture, toys, and plastic products, was 52.73 billion yuan, an increase of 55.9%. The main imported commodities were crude oil and mechanical and electrical products imported 14.728 billion yuan and 4.3 billion yuan respectively, an increase of 49.3% and 18.4% respectively year-on-year. The total imports of the above two reached 19.03 billion yuan, accounting for 67.8% of the total import value.

This year, Quanzhou Customs has conscientiously implemented various measures to stabilize foreign trade and foreign investment, steadily promoted the "Comprehensive Deepening of Business Reform 2020 Framework Program", and stepped up the promotion of "two-step declaration", "two-stage access", and import of iron ore and crude oil. The “post-release inspection” model will continue to vigorously reduce the customs clearance time and create a good customs clearance environment; actively and steadily promote market procurement trade export pilots in Shishi Clothing City and Jinjiang Shoes Textile City, and advance the China (Quanzhou) cross-border e-commerce comprehensive pilot zone To develop, vigorously support the high-quality development of emerging business types; actively promote the high-quality development of Quanzhou Comprehensive Bonded Zone, promote the official closure of the Quanzhou Shihu Port Bonded Logistics Center (Type B), and support the opening of the Madai Wharf in Waizou to promote the Quanzhou port Expand opening to the outside world.